Retail Mortgages: Law, Regulation and Procedure

During 2013 the regulatory landscape for mortgage lenders will change significantly, confronting legal practitioners with many new and unfamiliar situations.

This new book provides in-depth coverage of both the law of retail mortgages and the new regulatory regime. It includes detailed discussion of the Mortgage Conduct of Business Rules (MCOB rules) and explains how retail mortgage regulation will now work in practice.

• Combines discussion of the law of mortgages with analysis of the regulatory system
• Covers both residential and commercial mortgage lending
• Provides detailed explanation of the new regulatory regime, including authorisation and permission, the principles of business, conduct requirements and regulatory contravention
• Sets out the basics of mortgage law including types of mortgage, repayment systems, discharge and subrogation
• Discusses disputes and enforcement, claims, receivership, litigation and the Financial Ombudsman Service
• Presents example policy clauses and precedent materials