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ARTICLE · 22 AUGUST 2025

FinReg - In The Know: Consumer Finance

Addleshaw Goddard
Addleshaw Goddard
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Addleshaw Goddard

Addleshaw Goddard

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Last month was significant for developments in financial services with the announcement of the Leeds Reforms and the Chancellor's Mansion House speech.

United KingdomFinance and Banking
Rosanna Bryant
Rosanna Bryant
Clare Hughes
Clare Hughes
Sophie Skelton
Sophie Skelton
Jennifer Irving
Jennifer Irving
Heather Ibbotson
Heather Ibbotson

Last month was significant for developments in financial services with the announcement of the Leeds Reforms and the Chancellor's Mansion House speech. The Leeds Reforms mentioned radical changes in the UK mortgage regime to facilitate sustainable home ownership and enhance access for mortgage borrowers in line with the Government's growth agenda for financial services. In this issue we discuss some of these reforms and relevant considerations for firms to assess how these changes may impact their systems and processes for mortgage lending. This newsletter also covers an update on the upcoming regulation of Buy Now Pay Later (BNPL) including the recent consultation from the Financial Conduct Authority setting out the proposed regulatory regime for BNPL. Last but not the least, we share our insights into the landmark Motor Commission Supreme Court Judgment - Hopcraft and another v Close Brothers Limited where we explore the judgment in greater detail, including key

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