Mortgages | Prudential Regulation Authority Handbook & Rulebook
Prudential Regulation Authority Rulebook

Prudential Regulation Authority Rulebook

Part

Credit Unions

Chapter

Mortgages

Printed on: 12/05/2025

Rulebook at: 31/12/2020


4

Mortgages

4.1

A credit union must not enter into a regulated mortgage for a term of more than 25 years.

  • 03/02/2016

4.2

A credit union must not be a party to a regulated mortgage contract unless it complies with 10.3 at all times while it remains a party to that contract.

  • 03/02/2016