Consumer Credit Act 1974: Primary legislation governing consumer credit agreements in England and Wales. Applies when the borrower is an individual rather than a business. Sets out requirements for credit agreements, licensing, and consumer protections.
Financial Services and Markets Act 2000: Establishes the regulatory framework for financial services in the UK, including lending activities. Sets out the powers of the Financial Conduct Authority (FCA) and requirements for regulated activities.
Law of Property Act 1925: Fundamental legislation governing property law in England and Wales, including mortgages and charges over property. Essential for understanding security interests in property.
Land Registration Act 2002: Governs the registration of land and property interests in England and Wales, including the registration of mortgages and charges.
Mortgage Credit Directive Order 2015: Implements EU regulations on mortgage credit, setting standards for mortgage lending and regulated mortgage contracts.
FCA Regulations: Regulatory requirements set by the Financial Conduct Authority for regulated lending activities, including conduct rules and consumer protection measures.
MCOB Rules: Mortgages and Home Finance: Conduct of Business sourcebook - Detailed rules governing mortgage lending and administration.
Consumer Protection from Unfair Trading Regulations 2008: Protects consumers from unfair commercial practices, including misleading actions or omissions in lending.
Unfair Contract Terms Act 1977: Controls unfair terms in contracts, particularly those that attempt to exclude or restrict liability.
Consumer Rights Act 2015: Consolidates consumer protection law, including unfair terms in consumer contracts and consumer rights.
Financial Services Act 2012: Amended the regulatory framework for financial services, establishing the FCA and setting out additional regulatory requirements.
Money Laundering Regulations 2017: Sets out requirements for due diligence and anti-money laundering procedures in financial transactions.
Data Protection Act 2018: Implements UK GDPR requirements and governs how personal data must be handled in lending agreements and related processes.
