Thanks for your reply, your explanation is clearer than the B&W employees. I had a call from them that say it is their procedure to make me an "offer" as though it is a new mortgage but it has the old terms therefore they need all my current details (which haven't changed), and they will take the fees off even though they are on the contract. Their solicitor has also asked for my current details as well. I can understand that I would be in a better position having a regulated mortgage, but I am about to purchase the freehold so was going to use the drawdown facility for this. My neighbours and I have forced our freeholder to sell to us so currently our relationship with the freeholder is not great and only through our solicitors. If it is not compulsory for unregulated mortgages to be regulated then I should be able to use the drawdown facility. I will ring B&W again tomorrow as they cannot seem to be able to produce any documentation stating that the mortgage must be regulated before I can use the drawdown.

I took out a Bristol&West flexi mortage in 2001, I did not know it was unregulated until recently when I went to use my drawdown facility - they said I wasn't allowed to take out money as the mortgage was unregulated (yet there was no mention when I repaid a lump sumearlier in the year) and the FSA have told them that their mortgages must now be regulated, which they informed me of 2 years ago, which I know nothing about. To continue with my mortgage deal their solicitor will convert the mortgage to a regulated one which is the same product. Simple or so I thought - today I received a whole pack of paperwork about remortgaging from them and their solicitor asking for all the information I gave them 8 years ago. Is the FSA forcing them to regulate and why do I have to go through the inconvienience of giving them personal information which they already have? Any thoughts would be much appreciated.