Mortgage Credit Intermediaries 

A Mortgage Credit Intermediary is authorised under the European Union (Consumer Mortgage Credit Agreements) Regulations 2016 to:

  • present or offer credit agreements to consumers;
  • assist consumers by undertaking preparatory work or other pre-contractual administration in respect of credit agreements;
  • conclude credit agreements with consumers on behalf of a creditor.

Mortgage Credit Intermediaries may also be authorised to provide advisory services (i.e. the provision of personal recommendations to a consumer in respect of one or more transactions relating to credit agreements).

A person, other than a credit institution or a person admitted to carry out credit intermediation activities in another EEA Member State, shall not carry out mortgage credit intermediary activities or provide advisory services unless:

  • he/she is the holder of an authorisation granted for that purpose by the Central Bank; and
  • holds a letter of appointment in writing from each undertaking for which he/she is an intermediary.

Mortgage Intermediaries

A Mortgage Intermediary licenced under the Consumer Credit Act 1995 ('the CCA') is a person (other than a mortgage lender or credit institution) who, in return for commission or some other form of consideration:

(a) arranges, or offers to arrange, for a mortgage lender to provide a consumer with a housing loan which falls outside the scope of the European Union (Consumer Mortgage Credit Agreements) Regulations (such as equity release products), or

(b) introduces a consumer to an intermediary who arranges, or offers to arrange, for a mortgage lender to provide the consumer with a housing loan.

It is an offence for a person to engage in the business of being a mortgage intermediary unless

  • he/she is the holder of an authorisation granted for that purpose by the Central Bank; and
  • holds a letter of appointment in writing from each undertaking for which he/she is an intermediary.

'Contact Us' at retailintermediaries@centralbank.ie if you have any queries

Further details on how to become authorised are included in the Authorisation Process Page.