The band are keen to clear up a misunderstanding about their relationship with worldwide sensations One Direction.
"The headline this morning was 'McFly Give One Direction Their Sh*t Songs'... they'd used our quotes which were jokes… once one person prints that, it's everywhere," explains lead singer Tom Fletcher, who's recently turned his hand to songwriting for their fellow boy banders Niall Horan, Zayn Malik, Liam Payne, Harry Styles and Louis Tomlinson.
"It can ruin your relationship with them and it doesn't shine a good light on me as a song writer. The fact is, we give away songs that we really would like for ourselves," he adds.
Dougie agrees: "When we were recording that we were recording our own songs at the same time and that was the best one. We were gutted we were giving it away."
Cosmopolitan Ultimate Women of the Year Awards - London
Tom Fletcher, Dougie Poynter, Harry Judd and Danny Jones of McFly are seen backstage at the Cosmopolitan Ultimate Women of the Year Awards at Banqueting House in London.
Silver Clef Awards - London
(From the left) Tom, Dougie, Harry and Danny from McFly hold their Digital Innovation prize for their website at the Nordoff Robbins O2 Silver Clef Awards in the Hilton, London.
Danny Jones, Tom Fletcher
British musician Tom Fletcher, left and Danny Jones, of band McFly, perform on stage with the Olympic Torch at the BT London Live concert at Hyde Park in central London, Saturday, Aug. 4, 2012. (AP Photo/Joel Ryan)
Attitude Magazine Awards - London
Dougie Poynter, Harry Judd and Danny Jones of McFly arriving at the Attitude Magazine Awards in London.
McFly instore signing - London
Mcfly meet fans to celebrate the release of their new single Shine a Light in London, 9th November 2010
BT Digital Music Awards - London
McFly (left to right) Harry Judd, Tom Fletcher, Danny Jones and Dougie Poynter at the BT Digital Music Awards 2010 at The Roundhouse in London.
Capital FM's Jingle Bell Ball - Saturday - London
Harry, Danny, Dougie and Tom from McFly backstage at the Jingle Bell Ball at The 02 London
V Festival 2009 - Chelmsford
Danny Jones of McFly performing on the V Stage during the V Festival, in Hylands Park, Chelmsford.
Isle of Wight Festival 2009 - Day Two
Tom Fletcher of McFly performing on the second day of the Isle of Wight festival, in Newport on the Isle of Wight.
McFly celebrate on stage at the T4 Poll Winners Party 2005
Live 8 Concert - The Final Push - Murrayfield Stadium
Tom Fletcher from the band McFly performs on stage.
Comic Relief does Fame Academy - Lambeth College
McFly perform the official Comic Relief single You've Got A Friend
Top of the Pops BBC Radio 1 Christmas Party - Shepherds Bush Empire
Tom (left) and Danny from McFly perform.
Brit Awards 2005 - Earls Court
McFly receive the award for Best Pop Act.
Smash Hits Poll Winners Party 2004
Pop group McFly receive the Best Album award for Room On The 3rd Floor during the Smash Hits T4 Poll Winners party 2004, at Wembley Arena in north London.
Smash Hits T4 Poll Winners Party 2004
Pop group McFly backstage during the Smash Hits T4 Poll Winners party 2004, at Wembley Arena in north London.
McFly - Disney Channel Kids Awards 2004
Pop group McFly arrive for the Disney Channel Kids Awards 2004, held at the Royal Albert Hall, central London.
McFly MTV's TRL - Total Request Live - show
(From left to right) Dougie, Tom, Harry and Danny from pop group McFly during their guest appearance on MTV's TRL - Total Request Live - show, at the new studios in Leicester Square, central London.
McFly Capital FM Awards
Teen rock band McFly arrives for the Capital FM Awards 2004 for Help a London Child at the Royal Lancaster Hotel in west London.
McFly Olympic Torch Concert
Pop band McFly pose for photographers during a photocall to announce the Olympic Torch Concert. The open-air concert, marking the finish of the 2004 Olympic Torch relay run through London will take place on Saturday 26 June 2004.
McFly UK Spiderman Two Premiere
Boy band McFly arrives for the UK gala premiere of Spider-Man 2 at the Odeon Leicester Square, in central London.
McFly pose for photographs in 2005.
BBC Radio 1 Chart Show Live
McFly at the The BBC Radio 1 Chart Show Live, held at the Brighton Dome, Brighton.
Nickelodeon Kids' Choice Awards
McFly arrive at the Nickelodeon Kids Choice Awards 2008, at the ExCel Centre, East London.
The song in question, 'I Would', features on One Direction's second album 'Take Me Home' and is a surefire hit.
Dougie explains it had been knocking around for a while before the 'X Factor' band took it up: "'I Would' was originally a Christmas idea… we had the chorus for ages but if One Direction hadn't come and asked for songs, then we never would have gone down to Danny's and come up with a verse."
Tom adds: "It always has to be specially for that person and we only want to write for people who we like and have a connection with, which is why One Direction are perfect because they're our favourite boyband."
The recording process between the McFly and One Direction boys seems like a teenage girl's dream come true... "It was all very relaxed," says Tom. "It was a nice day so we had a BBQ, Harry burnt the sausages and I had to take over," he smiles.
"Our philosophy when recording is just to have fun, it doesn't matter if it takes three hours and a BBQ and ten minutes of vocals, you'll get a better result than if you spend 5 hours slogging it out. The fun to work ratio has to outweigh work," he explains. Their fun-loving philosophy is certainly reflected in their songs.
Since McFly's first single '5 Colours in Her Hair' went straight to number one in 2004, they've been dominating the boyband market.
Eight years on, they have sold over 10 million records worldwide, have had eighteen consecutive top twenty singles, have released five albums - the first of which is certified double platinum - and are now set to release their greatest hits record 'Memory Lane'.
But, as they point out, they've grown up. "That's why we wear suits now, to make it feel like work. We have pocket watches too, but they are fake," jokes Dougie. Tom is now 27, Dougie 24, while Danny Jones and Harry Judd are both 26.
They thought their fanbase would also have got older, but were recently surprised to see they'd picked up some new fans...
"The other day at the Trafford Centre in Manchester, we turned on the Christmas lights and the reaction was incredible. 7,000 people turned up to see us play," says Dougie.
"Our fan base is now 18-25 but there were 12-13 year olds there. There's a whole new young generation coming through that are hysterical about us and it's absolutely amazing. It's really nice to know that we still have support," agrees Tom.
LISTEN: McFly's 2005 charity single 'All About You' which reached number one in the charts
Amongst the McFly classics on their new album 'Memory Lane' (such as 'Obviously', 'All About You', 'One For The Radio' and 'Party Girl'), there are three new tracks. Leading the way is their brand new single 'Love Is Easy', a feel-good, carefree love song with sweet vocals that will no doubt be a hit with their fans.
"We wrote most of the melody first and that was just inspired because I brought a ukulele and that was the first song I wrote on it really," says Tom, as if making a hit single is something he can do with his eyes shut.
Dougie explains: "Lyrically it was inspired by that moment in 'Love Actually' when one of the porn couple says 'all I want for Christmas is you', that moment there was our inspiration... It's also got the quote from 'It's A Wonderful Life' in it, that is kind of festive."
McFly might be releasing their greatest hits while they're in their mid-twenties, but that doesn't mean they are going anywhere else. Tom insists: "The focus will always be on McFly. It's amazing to get these other opportunities though, and I'd love to carry on writing, especially with One Direction."
Take a listen to their new single 'Love Is Easy', out now, below. 'Memory Lane: Greatest Hits' is released on 26 November
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