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Consultation on a proposed Legislative Reform Order to amend the Consumer Credit Act 1974

Starting Date: 19-12-07

Closing Date: 12-03-08

This consultation seeks views on proposals to amend the Consumer Credit Act 1974 to:

• exempt buy-to-let lending satisfying certain conditions from regulation under the Act;
• clarify the giving of statements for fixed-sum credit agreements; and
• provide definitions of "payments" for the purpose of issuing arrears notices.

Consultation Documents

• Consultation on proposals relating to: buy-to-let lending; provision of statements; definitions of 'payments' (452KB)

Consultation Responses

• BERR response to the consultation on proposals relating to: buy-to-let lending, provision of statements, definitions of payments (121KB)