Status: Please note you should read all Brexit changes to the FCA Handbook and BTS alongside the main FCA transitional directions. Where these directions apply the 'standstill', firms have the choice between complying with the pre-IP completion day rules, or the post-IP completion day rules. To see a full list of Handbook modules affected, please see Annex B to the main FCA transitional directions.

MCOB 6A.5 MCD distance contracts with retail customers


If a firm makes an offer to a consumer with a view to entering into or varying an MCD regulated mortgage contract which is a distance contract, it must provide the consumer with the following information with the offer document:

  1. (1)


  2. (2)

    any contractual clause on law applicable to the MCD regulated mortgage contract or a competent court, or both;

  3. (3)

    the language in which the contract is supplied and in which the firm will communicate during the course of the MCD regulated mortgage contract; and

  4. (4)

    if not provided previously:

    1. (a)

      all of the contractual terms and conditions of the MCD regulated mortgage contract to which the offer document relates; and

    2. (b)
      1. (i)

        an appropriate status disclosure statement (compliant with GEN 4) for the MCD mortgage lender;

      2. (ii)

        the MCD mortgage lender's firm reference number; and

      3. (iii)

        confirmation that the customer can check the Financial Services Register on the FCA's website or by contacting the FCA on 0800 111 6768.