Mortgage Credit Directive

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

For more information on MCD visit the FCA website.

We implemented all MCD changes ahead of the 21 March deadline. 

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