Regulation 6 Information condition
The information condition is that the Secretary of State has provided relevant information about the loan payments to a single claimant and his or her partner (if any) or each joint claimant.
For the purposes of this regulation, “relevant information” is information about the loan payments which must include—
a summary of the terms and conditions included within the loan agreement;
where the circumstances in regulation 5(2)(a)(i) or (b) apply, an explanation that the Secretary of State will seek to obtain a charge or, in Scotland, a standard security in respect of the relevant accommodation;
an explanation of the consent referred to in regulation 5(3); and
information as to where a single claimant and his or her partner (if any) or each joint claimant can obtain further information and independent legal and financial advice regarding loan payments.