Consumer Credit Act 1974: Primary legislation governing consumer credit agreements. Essential for payoff letters involving consumer loans, detailing requirements for settlement figures and early repayment rights.

Financial Services and Markets Act 2000: Key legislation regulating financial services in the UK, establishing the regulatory framework for lenders and financial institutions.

Law of Property Act 1925: Fundamental legislation for secured lending, particularly relevant if the loan is secured against property and requires discharge of security.

Consumer Rights Act 2015: Legislation protecting consumer rights, affecting the terms and conditions that can be included in consumer loan documentation.

FCA Regulations: Regulatory framework overseen by the Financial Conduct Authority, providing specific rules and guidance for financial institutions.

MCOB (Mortgages and Home Finance): Part of FCA Handbook specifically dealing with mortgage conduct of business rules, crucial for property-secured loans.

CONC (Consumer Credit sourcebook): FCA handbook section containing detailed rules for consumer credit activities, including requirements for settlement statements.

Data Protection Act 2018: Legislation governing the handling of personal data, crucial for ensuring compliant processing of borrower information in payoff letters.

UK GDPR: Post-Brexit data protection regulation ensuring proper handling of personal information in financial documentation.

Financial Services (Distance Marketing) Regulations 2004: Regulations governing how financial services can be marketed and provided at a distance, affecting communication of payoff information.

Consumer Protection from Unfair Trading Regulations 2008: Legislation protecting consumers from unfair commercial practices, influencing how payoff information must be presented.

Companies Act 2006: Primary legislation governing company law, relevant when dealing with corporate borrowers in payoff situations.

Insolvency Act 1986: Legislation dealing with insolvency matters, important when issuing payoff letters in distressed debt situations.

Financial Collateral Arrangements (No.2) Regulations 2003: Regulations governing financial collateral arrangements, relevant for secured lending payoff situations.