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The Consumer Credit (Advertisements) Regulations 1989
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- 1989 No. 1125
- SCHEDULE 1
- PART II
- Regulation 9
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Foreign currency mortgages
9. Where the advertisement is for a mortgage or other loan secured on property and repayments are to be made in a currency other than sterling, a statement in the following form:—
“THE STERLING EQUIVALENT OF YOUR LIABILITY UNDER A FOREIGN CURRENCY MORTGAGE MAY BE INCREASED BY EXCHANGE RATE MOVEMENTS.”.
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