Law of Property Act 1925: Primary legislation governing property law in England and Wales. Key sections cover mortgages and assignments, including Section 136 which sets out requirements for legal assignments.
Land Registration Act 2002: Establishes the framework for land registration in England and Wales, including requirements for registration of assignments, priority rules, and notice requirements for mortgage assignments.
Financial Services and Markets Act 2000: Sets out the regulatory framework for mortgage lending and requirements for authorized lenders in the UK financial services sector.
Consumer Credit Act 1974: Governs consumer credit agreements and provides consumer protection provisions, applicable when the mortgage involves regulated credit agreements.
FCA Mortgage Conduct of Business Rules (MCOB): Regulatory requirements establishing standards for fair customer treatment and disclosure requirements in mortgage business.
Transfer of Undertakings (Protection of Employment) Regulations 2006: Relevant when mortgage assignment is part of a business transfer, protecting employment rights during transfer.
Data Protection Act 2018: UK's implementation of data protection requirements, governing the handling of personal data in mortgage assignments along with UK GDPR compliance.
Financial Services (Banking Reform) Act 2013: Legislation relevant for regulated mortgage assignments within the banking sector.
Unfair Contract Terms Act 1977: Ensures that contract terms in mortgage assignments are fair and enforceable, providing protection against unreasonable terms.
