Content Options

Content Options

View Options

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.

advising on regulated mortgage contracts

    910the regulated activity, specified in article 53A of the Regulated Activities Order, which is in summary: advising a person if the advice:

      1. (a) is given to the person in his capacity as a borrower or potential borrower; and
      1. (b) is advice on the merits of his:
        1. (i) entering into a particular regulated mortgage contract; or
        1. (ii) varying the terms of a regulated mortgage contract entered into by him on or after 31 October 2004, or a legacy CCA mortgage contract entered into by him,130 in such a way as to vary his obligations under that contract.12