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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 17 March 2016 - onwards
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Article 25A Arranging regulated mortgage contracts

(1) Making arrangements -

(a) for another person to enter into a regulated mortgage contract as borrower; or

(b) for another person to vary the terms of a regulated mortgage contract falling within paragraph (1A) entered into by him as borrower, in such a way as to vary his obligations under that contract, is a specified kind of activity.

(1A) A regulated mortgage contract falls within this paragraph if -

(a) the contract was entered into on or after 31st October 2004; or

(b) the contract -

(i) was entered into before 31st October 2004; and

(ii) was a regulated credit agreement immediately before 21st March 2016.

(2) Making arrangements with a view to a person who participates in the arrangements entering into a regulated mortgage contract as borrower is also a specified kind of activity.

(2A) Making arrangements to enter into a regulated mortgage contract with a borrower on behalf of a lender is also a specified kind of activity.

(3) In this article "borrower" and "lender" have the me

Comparing proposed amendment...