- (1)
- (a)
MCOB 7.1 to MCOB 7.3, MCOB 7.5 and MCOB 7.6 (as modified by this section) apply to a firm where the home finance transaction is a lifetime mortgage.
- (b)
MCOB 7.1 to MCOB 7.3 (as modified by this section) apply to a firm where the home finance transaction is a home reversion plan, except that those provisions that by their nature are only relevant to regulated mortgage contracts do not apply to home reversion plans (see MCOB 9.1.2A G).
- (a)
- (2)
The table in MCOB 9.6.2 R shows how the relevant rules and guidance in MCOB 7 must be modified by replacing the cross-references with the relevant cross-references to rules and guidance in MCOB 9.4 to MCOB 9.8.
- (3)
The table in MCOB 9.6.3 R replaces certain rules and guidance in MCOB 7 with rules and guidance from MCOB 9.7 and MCOB 9.8.
- (4)
The table in MCOB 9.6.4 R disapplies certain rules in MCOB 7 for the purposes of MCOB 9.
- (5)
The terms and expressions in MCOB 7 that by their nature are only connected to regulated mortgage contracts must be replaced with the appropriate equivalent terms and expressions for home reversion plans (see MCOB 9.3.1A G).
You are viewing MCOB 9.6 Disclosure at the start of the contract and after sale for equity release transactions as of . MCOB 9.6 Disclosure at the start of the contract and after sale for equity release transactions was last updated on 06/04/2007.
MCOB 9.6 Disclosure at the start of the contract and after sale for equity release transactions
06/04/2007R
Table of modified cross-references to other rules:
31/10/2004R
Table of rules in MCOB 7 replaced by rules in this chapter:
31/10/2004R
Table of rules in MCOB 7 which do not apply in relation to lifetime mortgage:
06/04/2007R