Q&As

Are there any pre contractual disclosure requirements for consumer buy-to-let mortgages?

read titleRead full title
Published on LexisPSL on 11/11/2020

The following Financial Services Q&A provides comprehensive and up to date legal information covering:

  • Are there any pre contractual disclosure requirements for consumer buy-to-let mortgages?

We refer you to Practice Note: Regulation of consumer buy-to-let lending in the UK. You will note under the section headed 'Conduct of Business Requirements' that the Mortgage Credit Directive Order 2015, SI 2015/910, Sch 2 details the conduct requirements for registered firms, including obligations relating to:

  1. (1) the conduct of business when providing consumer buy-to-let (CBTL) products to consumers

  2. (2) the provision of information free of charge to consumers

  3. (3) knowledge and competence requirements for staff

Related documents:

Popular documents