# The Mortgage Credit Directive Order 2015, Article 5: Meaning of credit intermediary


(1) A person acts as a credit intermediary if the person—
(a) is not a creditor;
(b) is not merely introducing, either directly or indirectly, a consumer to a creditor or credit intermediary;
(c) is acting in the course of the person’s trade, business or profession, for remuneration, which may take a pecuniary form or any other agreed form of financial consideration; and
(d) meets one or more of conditions A to C.
(2) Condition A is that the person presents or offers consumer buy-to-let mortgage contracts to consumers.
(3) Condition B is that the person assists consumers by undertaking preparatory work or other pre-contractual administration in respect of consumer buy-to-let mortgage contracts other than as referred to in Condition A.
(4) Condition C is that the person concludes consumer buy-to-let mortgage contracts with consumers on behalf of the creditor.

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Source: https://www.legislation.gov.uk/ukdsi/2015/9780111130810/article/5 (the official version)
Page: https://openlegislation.uk/draft-mortgage-credit-directive-order-2015/article-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.