{
  "table": "early-repayment-calculator-rules",
  "schema": 1,
  "version": "2026-11-11.2",
  "title": "Early repayment of a loan: legal caps on the charge a lender may claim (France and United Kingdom)",
  "doc": "Rule table read by the early-repayment-calculator handler (ctx.data['early-repayment-calculator-rules']). Percentages are percentage points (3 means 3 %); amounts are in the country's currency. Table-level valid_from/valid_until bound the period during which this version may be relied on; after valid_until it must be reviewed again. Entry-level valid_from/valid_until bound each rule; a null valid_until means in force until changed. source_url is the primary source of the value, source_date the date the source gives for its own version, retrieved the day it was opened for this table. France: the consumer credit reform (ordonnance n° 2025-880 of 3 September 2025) applies from 20 November 2026; credit contracts in progress on that date stay under the previous wording (art. 99, II), and the new wording of L312-34 keeps the same caps (1 %, 0.5 %, interest left, the decree threshold), so the consumer rule below holds for loans signed before and after that date. United Kingdom: Consumer Credit Act 1974, which extends to England, Wales, Scotland and Northern Ireland; s. 95A does not apply to agreements secured on land, so a mortgage's early repayment charge is the one in the mortgage offer.",
  "reviewed_on": "2026-11-11",
  "reviewed_by": "apps-calculators agent (automated research against official sources, 2026-11-11); owner review pending",
  "valid_from": "2026-11-11",
  "valid_until": "2027-06-30",
  "locale_country": {
    "fr-FR": "FR",
    "en-GB": "GB"
  },
  "countries": {
    "FR": {
      "name": {
        "fr-FR": "France",
        "en-GB": "France"
      },
      "currency": "EUR",
      "property": {
        "kind": "statutory-cap",
        "semester_months": 6,
        "capital_cap_percent": 3,
        "min_partial_percent_of_initial": 10,
        "exempt_sale": true,
        "rule": "Indemnity (IRA) at most one semester (6 months) of interest on the capital repaid at the loan's average rate, and at most 3 % of the capital outstanding before the repayment (R313-25). No indemnity when the repayment follows the sale of the property after a change of the borrower's or spouse's place of work, death, or forced end of professional activity, for contracts concluded since the law of 25 June 1999 (L313-48). The contract may refuse partial repayments equal to or below 10 % of the initial loan amount, unless it is the balance (L313-47). Where the contract has different rates over time, R313-25 lets the indemnity be increased so the lender gets the average rate agreed: not modelled.",
        "legal_basis": "Code de la consommation, art. L313-47, L313-48, L313-49 and R313-25",
        "valid_from": "2016-07-01",
        "valid_until": null,
        "source_url": "https://www.legifrance.gouv.fr/codes/article_lc/LEGIARTI000032807572",
        "source_date": "2016-07-01",
        "retrieved": "2026-11-11",
        "see_also": [
          "https://www.legifrance.gouv.fr/codes/article_lc/LEGIARTI000035731469",
          "https://www.legifrance.gouv.fr/codes/article_lc/LEGIARTI000032433263",
          "https://www.service-public.gouv.fr/particuliers/vosdroits/F1669"
        ]
      },
      "consumer": {
        "kind": "statutory-cap",
        "percent_long": 1,
        "percent_short": 0.5,
        "long_after_months": 12,
        "interest_cap": true,
        "variable_rate_exempt": true,
        "threshold": 10000,
        "threshold_window_months": 12,
        "scope_max_before_reform": 75000,
        "scope_max_from_reform": 100000,
        "reform_from": "2026-11-20",
        "rule": "No indemnity for an overdraft, a repayment paid by an insurance covering the loan, or a repayment made while the borrowing rate is not fixed. Otherwise, only when the early repayments over twelve months exceed 10 000 € (D312-15), the lender may claim at most 1 % of the amount repaid early if more than one year separates the repayment from the agreed end of the contract, 0.5 % if not, and never more than the interest the borrower would have paid from the repayment to that end date (L312-34). No other indemnity or fee. Scope: loans of 200 € to 75 000 € for contracts concluded before 20 November 2026, which stay under the previous wording; up to 100 000 € for contracts concluded from that date (ordonnance n° 2025-880, art. 4 and 99).",
        "legal_basis": "Code de la consommation, art. L312-34 and D312-15; ordonnance n° 2025-880 du 3 septembre 2025, art. 36 and 99",
        "valid_from": "2016-07-01",
        "valid_until": null,
        "source_url": "https://www.legifrance.gouv.fr/codes/article_lc/LEGIARTI000032226120",
        "source_date": "2016-07-01",
        "retrieved": "2026-11-11",
        "see_also": [
          "https://www.legifrance.gouv.fr/codes/section_lc/LEGITEXT000006069565/LEGISCTA000032807398/",
          "https://www.legifrance.gouv.fr/codes/article_lc/LEGIARTI000052191637/2026-11-20",
          "https://www.legifrance.gouv.fr/jorf/id/JORFTEXT000052184230",
          "https://www.service-public.gouv.fr/particuliers/vosdroits/F2440",
          "https://www.service-public.gouv.fr/particuliers/actualites/A18451"
        ]
      }
    },
    "GB": {
      "name": {
        "fr-FR": "Royaume-Uni",
        "en-GB": "United Kingdom"
      },
      "currency": "GBP",
      "property": {
        "kind": "contract",
        "rule": "The Consumer Credit Act cap does not apply: s. 95A covers only regulated consumer credit agreements other than those secured on land, so the early repayment charge on a mortgage is the one set by the mortgage offer.",
        "legal_basis": "Consumer Credit Act 1974, s. 95A(1)(a)",
        "valid_from": "2011-02-01",
        "valid_until": null,
        "source_url": "https://www.legislation.gov.uk/ukpga/1974/39/section/95A",
        "source_date": "2011-02-01",
        "retrieved": "2026-11-11"
      },
      "consumer": {
        "kind": "statutory-cap",
        "percent_long": 1,
        "percent_short": 0.5,
        "long_after_months": 12,
        "interest_cap": true,
        "variable_rate_exempt": true,
        "threshold": 8000,
        "threshold_window_months": 12,
        "rule": "For a regulated consumer credit agreement not secured on land, during a period when the interest rate is fixed, the creditor may claim compensation only when the payment, or the payments in any 12-month period, exceed £8,000, not for an overdraft or a payment from payment protection insurance. It must be fair and objectively justified and at most the lower of 1 % of the amount repaid (0.5 % when one year or less remains to the agreed end) and the interest that would have been paid up to that end (s. 95A). Above the trigger, it can be claimed on the whole payment that passes £8,000 and on later ones (BIS guidance, 14.21). Applies where notice is given on or after 1 February 2011 for agreements made on or after 11 June 2010.",
        "legal_basis": "Consumer Credit Act 1974, ss. 94 and 95A",
        "valid_from": "2011-02-01",
        "valid_until": null,
        "source_url": "https://www.legislation.gov.uk/ukpga/1974/39/section/95A",
        "source_date": "2011-02-01",
        "retrieved": "2026-11-11",
        "see_also": [
          "https://www.legislation.gov.uk/ukpga/1974/39/section/94",
          "https://assets.publishing.service.gov.uk/media/5a78f27a40f0b6324769b695/12-1264-consumer-credit-directive-guidance.pdf"
        ]
      }
    }
  }
}