Mortgage Credit Directive

The Mortgage Credit Directive (MCD) is regulation created by the European Union which was implemented in the UK on 21 March 2016. It set minimum regulatory requirements that member states must provide to ensure consistency in protecting consumers taking out mortgages for residential property.

For more information on MCD visit the FCA website.

This page gives a summary of the key changes and our approach to MCD requirements. 

Useful information