Law of Property Act 1925: Key legislation governing mortgages and charges on property, including requirements for legal mortgages. Primary statute for property law in England and Wales.
Financial Services and Markets Act 2000: Establishes the regulatory framework for financial services and requirements for regulated mortgage activities in the UK.
Consumer Credit Act 1974: Legislation relevant where the mortgage contains consumer credit elements, providing consumer protection in credit agreements.
Land Registration Act 2002: Governs the registration of land and mortgages, including requirements for registration of changes and priority of mortgages.
FCA Mortgage Conduct of Business Rules (MCOB): Regulatory requirements covering fair treatment of customers, disclosure requirements, and advice and selling standards for mortgages.
Consumer Protection from Unfair Trading Regulations 2008: Ensures fairness in consumer contracts and provides protection against misleading practices in mortgage arrangements.
HM Land Registry Requirements: Specific form requirements and execution standards for registering mortgage amendments with the Land Registry.
UK Finance Mortgage Lenders' Handbook: Industry standards and best practices for mortgage lending in the UK.
Data Protection Act 2018 and UK GDPR: Requirements for handling and protecting personal information in mortgage documentation and processing.
Unfair Contract Terms Act 1977: Legislation ensuring that contract terms are fair and reasonable, applicable to mortgage documentation.
Consumer Rights Act 2015: Legislation ensuring fair terms in consumer contracts, including mortgage agreements with individual borrowers.
