As the April deadline for implementation of the Mortgage Market Review (MMR) looms large, Rebecca Prestage, head of policy at The Consulting Consortium, takes a look at some last minute assessments to consider
From 26 April, the Mortgage Market Review will subject the mortgage intermediary sector to a more intrusive, proactive and pre-emptive regime than they have previously experienced. With the deadline for implementation almost upon us, we look at what firms should be doing in the run up to it and what key areas to focus on in preparation for the expected post-implementation review. The majority of intermediaries, if not already, will be imminently integrating the new MMR compliance policies into their businesses. The focus now is on testing plans to ensure they are robust and evidence-c...
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