Consumer Duty
Information for distributors of MPowered Mortgages’ products
This information is only for use by Mortgage Intermediaries.
Under the new Consumer Duty regulations, we’re required to review our products and services on a regular basis. Download information sheets for each product below.
In creating the information sheets, MPowered Mortgages have adopted the Fair Value Assessment Form created via a joint industry task group comprising of UK Finance, the Building Societies Association (BSA), the Association of Mortgage Intermediaries (AMI) and the Intermediary Mortgage Lenders Association (IMLA). We refer to this as a Consumer Duty Product Information Sheet.
Residential Mortgage Product Information Sheets
The documents are being provided to you to fulfil our responsibilities under PRIN 2A.4.15R and PRIN 2A.3.12 R (2). They are designed to support you to comply with your responsibilities under PRIN 2A.3.16 R and PRIN 2A.4.16 R. Please note that you are ultimately responsible for meeting your obligations under the Consumer Duty rules.
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Mortgage Product Distribution Document
Our Residential Target Market Overview Document is available to download here: Residential Target Market Overview Document