TMM - News

New peer-to-peer mortgage provider licensed

Monday 21st of November 2016

Contributory mortgage provider Southern Cross Financial is to become a peer-to-peer lender.

Chief executive Luke Jackson said the company had to make some decisions about its future ahead of the introduction of the Financial Markets Conduct Act, and had decided a peer-to-peer licence was the right way to go.

“It’s a good opportunity to modernise our processes and bring them up to...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.