The EU Mortgage Credit Directive (MCD) applies to all businesses dealing with first-charge, second-charge, and buy-to-let mortgages.
The MCD exists to protect consumers and covers credit agreements and lending solely or predominantly secured on residential immovable property.
Our Mortgage Credit Directive Course explains the procedural requirements and documentation related to mortgage credit.
Available as part of our FCA Compliance Library.
This course will prepare your employees to:
- What is a Second Charge Mortgage?
- Exercise: Addressing the risks
- Exercise: What is CBTL?
- Exercise: Consideration period
Approximately 30-minute long e-learning course followed by a 10-question assessment.
Suitable for all staff - examples and interactivities designed for staff at all levels. No previous knowledge or experience is required.
SHARD-compliant, responsive display on all devices, accessibility on screen readers, visual design controlled via a client style sheet.
All Windows, Mac OSX, iOS, Android (Flash-free for mobile compatibility). AICC and SCORM 1.2-compliant, suitable for both hosted and deployed SCORM or AICC.
Fully customisable on Skillcast Portal CMS.
Pre-translated versions not available, but all text content can be exported for translation into all languages.
Based on UK legislation, but suitable for global audiences upon the removal of UK-specific references and translation as necessary.