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Statute of Frauds 1677: Fundamental legislation requiring guarantees to be made in writing and signed to ensure enforceability of the guarantee agreement

Consumer Credit Act 1974: Regulates credit agreements and related guarantees, providing consumer protection measures and specific requirements for form and content when private individuals are involved

Financial Services and Markets Act 2000: Governs regulated financial activities, affecting format and content requirements for loan guarantees within regulated sectors

Unfair Contract Terms Act 1977: Controls and restricts unreasonable exclusion clauses to ensure fairness in contractual relationships between parties

Consumer Rights Act 2015: Ensures fairness in consumer contracts and provides protection against unfair terms in consumer agreements

FCA Regulations: Financial Conduct Authority guidelines that must be followed for regulated lending, including specific requirements for documentation and process

Common Law Principles: Fundamental legal principles including consideration, capacity to contract, and clear intention to create legal relations

Data Protection Act 2018 and UK GDPR: Legislation governing the handling of personal information and privacy considerations in contractual arrangements