The FCA has confirmed that it no longer intends to publish a Feedback Statement for the Discussion Paper on the fairness of changes to mortgage contracts (DP14/2).

In March 2015, the FCA removed material from its website as it considered that it no longer reflected the FCA’s view on unfair contract terms.  The material was removed whilst it considered how it should be updated in light of the Consumer Rights Act 2015 (CRA), the Competition and Markets Authority guidance on the unfair contract terms provisions in the CRA and case law.  The FCA has now confirmed it has no current intention to publish further guidance on unfair contract terms. In light of this, it no longer intends to publish feedback on the fairness of changes to mortgage contracts.