Tip of the Week

TCF Outcome 4

By 6th July 2020 No Comments

As part of TCF Outcome 4 (suitability) you need to be able to demonstrate through your records that:

  • The customer can afford the mortgage recommended for the life of the loan;
  • The recommended product is suitable for the customer, based on their needs and attitude to risk;
  • The product chosen was the most suitable from the available options.