The Loans for Mortgage Interest (Transaction Fee) (Amendment) Regulations 2020

Regulation 2 of these Regulations amends Schedule 4 to the Loans for Mortgage Interest Regulations 2017 (S.I. 2017/725) to remove the requirement for qualifying lenders to pay a fee to the Secretary of State in respect of each occasion on which a payment is made directly to the qualifying lender.

Lifecycle

Department

Made

01 Jul 2020

—

In force

03 Aug 2020

Enabling power

In accordance with section 173(1)(b) of the Social Security Administration Act 1992the Social Security Advisory Committee has agreed that the proposals in respect of these Regulations should not be referred to it.

DocumentsOpen on legislation.gov.uk →

Explanatory Memorandum

UK Explanatory Memorandum

application/pdf · 09 Jul 2020 · 41 KB

Instrument

application/pdf · 02 Jul 2020 · 29 KB