Helping you prepare for MMR

Latest News

MMR: Online enhancements

Released: 04.04.2014

To support you post MMR, we’re making some enhancements to our online application systems. From Monday 14 April, instead of submitting certain application types via a paper application process, you’ll be able to submit them online.

So we can make these changes, NFI Online and NFI MTE will be unavailable from 8pm Friday 11 April until 8am Monday 14 April.

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MMR: Information on responsible lending

Released: 10.03.2014

From 14 April, we'll be asking you a few additional questions when you submit your client's application, and we may also ask you to provide a small number of additional proofs. We're confident the information we ask for should be readily available from your client and will have a minimal impact on case submission and processing times.

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MMR: Lending into retirement and mortgage term

Released: 27.03.2014

From 14 April and post MMR, the way we assess affordability will remain very much in line with our current approach, although there will be some small changes around lending into retirement and treatment of the mortgage term.

As with our previous MMR communications, these changes are about evolution and not revolution and they'll fit naturally into our existing NFI Online and NFI MTE application process.

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Helping you prepare for MMR

Released: 28.02.2014

As applications currently with us, and those submitted in the coming weeks, may still be in our processing pipeline post MMR, read on to find some key information on how those applications could be affected. We've also provided some 'Top Tips' to ensure the transition of your pipline business is as smooth as possible for you and your clients.

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