The Financial Conduct Authority (FCA) has introduced a new version of their Arrears Information Sheet, which, pursuant to s.86A Consumer Credit Act 1974, must be provided by lenders when sending a borrower notice of sums in arrears under ss.86B and 86C of the Act.

The new information sheets must be used from 14^th April 2017 (and must not be used before). Lenders are warned to ensure that they use the correct version of the information form, particularly as a previous version, which had been scheduled to be introduced earlier in the year, was withdrawn because it contained an error.