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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 21 March 2016 - onwards
Version 4 of 4

Article 18 Obligations of registered consumer buy-to-let mortgage firms

(1) A registered consumer buy-to-let mortgage firm must, in respect of its consumer buy-to-let mortgage business -

(a) comply with the requirements set out in Schedule 2;

(b) retain information relevant to demonstrating the firm’s compliance or non-compliance with the requirements of that Schedule -

(i) in retrievable and legible form; and

(ii) so long as any sum remains outstanding, or any mortgage or charge remains in place, under the consumer buy-to-let mortgage contract to which the information relates;

(c) provide the FCA with such information in relation to the firm’s consumer buy-to-let mortgage business and its compliance with the requirements of that Schedule as the FCA may direct, in order to enable the FCA to discharge its functions under this Part; and

(d) deal with the FCA in an open and co-operative manner.

(2) Information provided under paragraph (1)(c) must be given at such times and in such manner, and verified in such manner, as the FCA may direct.