What is the A.2 tariff measure?
The amount to be entered in J1.1 and J1.2 column 1 is: In J1.1column 1: The number of new mortgage contracts, home purchase plans and home reversion plans entered into in the 12 months to the relevant 31 December; I In J1.2 column 1: The number of mortgage contracts, home purchase plans and home reversion plans being administered, as at the relevant 31 December, multiplied by 0.05 for mortgage outsourcing firms and by 0.5 for all other firms, and where: • A ‘mortgage’ means a loan secured by a first charge over residential property in the United Kingdom. • Mortgages, home purchase plans and home reversion plans administered include those that the firm administers on behalf of other firms. • For the measure of ‘the number of contracts being administered’, each first charge counts as one contract, irrespective of the number of loans involved • ‘The relevant 31 December’ could be the 31 December immediately before the relevant fee period (1 April – 31 March), or the 31 December of the pre
