Mortgage Next has received its minded to authorise letter from the FSA and says it is the final piece in its regulatory jigsaw as it prepares to become a network principal after October 31.
Mortgage Next marketing director Justine Tomlinson says: “We are delighted to receive our MTA letter at long last. This will give many brokers who have been holding back, the confidence to go ahead and submit an application for network membership. It is also a significant landmark for everyone at Mortgage Next who has worked so hard to prepare the company for M Day. We can now look forward to the future with confidence.”