TMA promotes TCF lending forum to DAs

The Mortgage Alliance is promoting the Treating Customers Fairly lending forum to its directly authorised members.

The TCF Lender Forum is made up of 28 lenders supported by the Council of Mortgage Lenders that have provided online information to mortgage brokers on TCF.

The activity is centred on the provision of a free website www.tcfinfo.co.uk and all activity is funded by the participating mortgage lenders via the CML.

The forum aims to develop relationships with networks, packagers and mortgage clubs to promote the website and provide an intermediary perspective regarding new content.

Phil Whitehouse, head of TMA, says: “TMA is very pleased to be approached by the Forum to assist in the communication of the TCF initiative to the DA market.

“With the FSA deadlines fast approaching, it is vital that intermediaries are doing all they can to prepare for the TCF requirements.

“TMA has almost 7,000 brokers registered and so we are in a good position to advise our supporters of TCF requirements.”

Frank Eve, chairman of the TCF Lender Forum, adds:“Our research shows that intermediaries who use tcfinfo.co.uk feel better prepared to meet the FSA’s deadlines on TCF.

“The TCF Lender Forum is now working with networks, packagers and mortgage clubs to promote this free resource to mortgage intermediaries and welcomes TMA’s involvement in this initiative.”