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Mortgage code? House deeds?
will_3
Posts: 4 Newbie
Does anyone know if the Mortgage Code Compliance Board still exists and if so what their current web address is?
Can anyone tell me what my legal position is regarding mortgage company losing my house deeds?
Can anyone tell me what my legal position is regarding mortgage company losing my house deeds?
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Comments
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will wrote:Does anyone know if the Mortgage Code Compliance Board still exists and if so what their current web address is?
http://www.cml.org.uk/cml/policy/issues/111The Mortgage Code, which is no longer effective, came into effect for lenders on 1 July 1997 (first edition) and on 30 April 1998 for mortgage intermediaries (second edition). It remained in force until 31 October 2004, when the Financial Services Authority’s Mortgage Conduct of Business Sourcebook (MCOB) came into effect, and the Code was withdrawn.
See also...http://www.howtocomplain.com/info/MCCB.shtml and http://www.mortgagecode.org.uk/ (but link not currently working)0 -
The FSA took over regulation from the MCCB on 31 October 2004I am a Mortgage AdviserYou should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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