icon-grid
Better Regulation logo
Table of Contents

Table of Contents

Expand all headings Collapse all headings Expand side bar Collapse side bar
Mortgage Credit Directive Order 2015 [SI 2015 No. 910]Introductory TextPart 1 Introductory Provisions (arts. 1-2)Article 1 Citation and commencementArticle 2 InterpretationPart 2 Amendments to legislation (art. 3)Article 3 Amendments to legislationPart 3 Consumer buy-to-let mortgages (arts. 3A-26)Article 3A Application of this PartArticle 4 Interpretation of this PartArticle 5 Meaning of credit intermediaryArticle 6 Meaning of advisory servicesArticle 7 Limitation on permission to carry on regulated activitiesArticle 8 Register of consumer buy-to-let mortgage firmsArticle 10 Determination of applicationsArticle 9 Applications for entry on the register or variation of an existing entry on the registerArticle 11 Procedure when refusing an applicationArticle 13 Revocation of registrationArticle 12 Registered consumer buy-to-let mortgage firm ceasing to meet the requirements for registrationArticle 14 Procedure on revocationArticle 15 Suspension of registrationArticle 16 Procedure on suspensionArticle 17 Appointed representativesArticle 18 Obligations of registered consumer buy-to-let mortgage firmsArticle 20 Functions of the FCA in relation to this PartArticle 19 Power to direct registered consumer buy-to-let mortgage firms to take appropriate actionArticle 21 Monitoring and enforcementArticle 22 GuidanceArticle 24 Application of procedural provisions of the ActArticle 23 Application of provisions of the Act to registered consumer-buy-to-let mortgage firmsArticle 25 Application of provisions of the Act to the FCA in respect of its supervision of consumer buy-to-let mortgage firmsArticle 26 Extension of the compulsory jurisdiction of the Financial Ombudsman Scheme to registered consumer buy-to-let mortgage firmsPart 4 Transitional Provisions (arts. 27-32)Article 27 Transitional provision: person with Part 4A permission to carry on an activity in relation to a regulated mortgage contract before 21st March 2016Article 28 Transitional provision: agreements before 21st March 2016Article 29 Transitional provision: consumer credit back book mortgage contractsArticle 30 Transitional provision: person engaged in consumer buy-to-let mortgage business before 20th March 2014Article 31 Transitional provision: person subject to the Consumer Credit Act 1974 who chooses to adopt new rules before 21st March 2016Article 31A Transitional provision: first charge mortgages entered into before 31st October 2004 which are regulated credit agreements immediately before 21st March 2016Article 32 FCA power to direct timing of applications for permission and registrationPart 5 Review (art. 33)Article 33 ReviewSchedule 1 Amendments to legislationSchedule 1, Part 1 Amendments to primary legislation (paras. 1-2)Schedule 1, Part 2 Amendments to secondary legislation (paras. 3-15)Schedule 2 Requirements for registered consumer buy-to-let mortgage firmsSignatureExplanatory NoteExplanatory MemorandumImpact Assessment
Page Overview
Document Overview
Tools
Set a date to view the document
Text comparison options
Full text - Date 1 vs Date 2
Amendments requiring commencement - Current text vs Text requiring commencement
Draft proposed changes - Current text vs Text proposed by drafting documents
Coming soon: Any documents - Any document vs Another document at any date
Print / Export options
Current page
Whole document
Selected pages
Consolidated PDF of the entire document as of 8th January 2025
Export
Export line by line
Export provision to provision
Report template
Create report template
Alert me to changes
Manage alerts
Bookmarks
This page
This document
Manage bookmarks
Search within this document
View previous searches
Share
Get page link
Share via email application
PreviousNext
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 31 December 2020 - onwards
Version 5 of 5

Article 4 Interpretation of this Part

(1) In this Part -

''advisory services" has the meaning given by article 6;

''annual percentage rate of charge" has the meaning given by paragraph 9(6) of Schedule 2;

PreviousNext