Menu
Mortgage Market Review Documentation

To assist firms with the implementation and transition into the new world of the Mortgage Market Review (MMR), we have drawn up the following documents:

  • A summary of the new MCOB rules in checklist format; use this to ensure that you have addressed the new rule requirements;
  • A ‘Client Proposition Document’ that includes new disclosure requirements;
  • A ‘Client Fee Agreement’;
  • An Execution Only business process;
  • An Execution Only disclaimer.

Please ensure you discuss the new documentation with your ATEB consultant at their next visit. For non-ATEB clients who need additional support in the lead up to MMR or are interested in benefitting from these documents please get in touch using the contact form here. 

Don’t forget to check Our View about this article and the Actions Required By You

Mortgage Market Review Documentation

Important Note: ATEB news is intended to provide general information ONLY. The content, including any views expressed or guidance provided, does not replace the need to comply fully with FCA Rules and Guidance. Unless you have discussed news article content with ATEB, and specifically how it relates to your circumstances, then ATEB disclaims all liability and responsibility and actions arising from any reliance placed upon it. For the avoidance of doubt therefore, any reliance you place on such information without our consultation is at your own risk.

ATEB Compliance offers compliance and regulatory advice.

ATEB Suitability provides report writing software for the financial services market.

Our View

The MMR is a mandatory change in regulation that we must all be fully prepared for prior to implementation on the 26th April 2014. Firms are at different stages in their preparedness and now is the time to be focussing on finalising implementation.

Action Required By You

  • Discuss MMR implementation with your ATEB consultant and plan what still needs to be done to ensure a smooth transition;
  • Non-ATEB clients who would benefit from support should contact us.
SUIT - Beautiful Reports
CREATE BEAUTIFUL
SUITABILITY
REPORTS
TRY IT FOR FREE
SUIT - Complete Control
TAKE BACK
CONTROL OF YOUR
SUITABILITY REPORT
PRODUCTION
TRY IT FOR FREE
SUIT - Comp confidence
SUITABILITY
REPORTS
WITH FULL
COMPLIANCE
CONFIDENCE
TRY IT FOR FREE
previous arrow
next arrow

About the Author

Contact Us

Brought to you by

Explore more articles in this category

Other articles that you might be interested in

https---s3-eu-west-1.amazonaws.com-fta-ez-prod-ez-images-5-2-0-7-1217025-1-eng-GB-FCA2.JPG?v1

Consumer Duty – FCA information and help

Compliance , ,

The FCA has added to its published information relating  to Consumer Duty to help firms with implementation.     The most recent addition to the Consumer Duty webpages is an information for firms page to help firms implement the Duty. This explains more on the areas of the Duty that firms have been raising queries […]

Read More
Copyright © 2023 FCA

Financial Resilience Survey

Compliance , , , , , , ,

The FCA has issued the following information.     We have published a Consultation Paper with proposals to replace the FCA Financial Resilience Survey with a new regulatory return during 2023. In doing so, we aim to: reduce the administrative and financial burden that an ad hoc survey places on firms increase the quality and […]

Read More
Fiscal Statement

Fiscal Statement: Stamp Duty & Land Tax Changes

Suitability , , , ,

Following the new Chancellor’s fiscal statement on 23rd September 2022 we have updated ATEB Suitability to incorporate the changes to the rates of Stamp Duty & Land Tax. The revised rates can be found in the optional Glossary of Terms when making Mortgage Recommendations. As always, our friendly support team are also available 9am – […]

Read More
Senior couple walking along lake embankment holding hands

Ask a silly question …

Compliance , , , ,

A common feature of many file checks is missing or unclear client information.     Missing information is generally due to the adviser not having raised the topic or asked the question but unclear information is often a result of a poorly designed fact find document. If the question you ask is unclear then the […]

Read More
2FA lead image

New Security Feature: Two-Factor Authentication

Suitability , , , ,

We have completed the latest upgrade to ATEB Suitability on 7th September 2022. This comes at no additional cost and provides a security enhancement to protect your ATEB Suitability account. Two-Factor Authentication As part of our ongoing commitment to provide a secure service, we have now implemented Two-Factor Authentication (2FA) as part of the ATEB […]

Read More
Load More