Peter Gladdy, Director of Mortgages Direct said:
"We're very pleased to have received our MTA letter. It is testament to the significant amount of time and money which Mortgages Direct has invested in compliance since the announcement of the pending FSA regulations. The letter is an important milestone in the development of the company and in our target of arranging £2billion worth of mortgages during this year."
Mortgages Direct was established in 1990 to arrange mortgages and other financial services for customers of the Spicerhaart group. The company employs over 200 financial services consultants throughout the country.