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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.

specified life events

      1. 133(a) the death of the customer; or
      1. (b) the customer leaves the mortgaged land to live elsewhere and has no reasonable prospect of returning (for example, by moving into residential care); or
      1. (c) the customer acquires another dwelling for use as his main residence; or
      1. (d) the customer sells the mortgaged land; or
      1. (e) the lender exercises its legal right to take possession of the mortgaged land under the terms of the contract.