(1) A consumer does not have a right to cancel a distance contract for the supply of a financial service by giving a notice of cancellation if -

(a) the price payable for the service depends on fluctuations that may occur in the financial market during the cancellation period and such fluctuations are outside the supplier's control, or

(b) the service supplied is or relates to a travel or baggage insurance policy or an insurance policy under which insurance cover is provided for less than 1 month, or

(c) the contract under which the service is supplied was entered into at the consumer's request and has been fully performed by both parties before the consumer gave notice of cancellation, or

(d) the service is or relates to the provision of a housing loan.