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Moneystore joins Council of Mortgage Lenders

Money Store has fulfilled its one year trading requirement for sub-prime lenders and become a member of the of the Council of Mortgage Lenders.


The Money Store must now adhere to the CML&#39s July 1997 regulations and only accept mainstream mortgage business from intermediaries who have registered with the CML and have a mortgage registration code.


Money Store managing director Larry Wodarski says: &#34We have been supportive of CML&#39s efforts to curb excessive and sharp practice and are keen to ensure the non-traditional sub-prime market is recognised as a professional, customer-focused group offering competitive and fair mortgages.&#34

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