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For loans on our own balance sheet, do we count these within mortgage contracts, home reversions and home purchase plans being administered if the loan administration is outsourced?

April 26, 2017administered balance sheet contracts Home Loans mortgage plans purchase

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For loans on our own balance sheet, do we count these within mortgage contracts, home reversions and home purchase plans being administered if the loan administration is outsourced?

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Yes. The firm’s own mortgages, home reversions and home purchase plans that it holds on its own balance sheet should be included irrespective of whether the administration is undertaken by the firm itself or is outsourced. The tariff data for outsource firms is discussed in PS06/2.