“Home owners who were sold mortgages during the property boom that they couldn’t afford are to be given compensation following a ruling by the City watchdog.”
Daily Telegraph, 22nd February 2011
from the Inner Temple Library
“A coalition of the UK’s leading housing and legal organisations have written to Chancellor George Osborne warning of ‘dire consequences’ for homebuyers and the building industry if Financial Service Authority proposals for mortgage regulation are implemented.”
The Guardian, 16th November 2010
“There was no need to re-analyse a part-payment of a mortgage debt or to put a gloss on it in terms of acknowledgment for the purposes of calculating whether or not the limitation period had expired because s 29(5) of the Limitation Act 1980 made provision for a freestanding mechanism for the computation of time.”
WLR Daily, 11th March 2010
Please note once a case has been fully reported in one of the ICLR series the corresponding WLR Daily summary is removed.
“Where solicitors were in breach of their undertakings to redeem or discharge existing mortgages and charges over property being sold, the court was not required to conduct an inquiry as to the loss suffered by the addressee of the undertakings as the result of their breach.”
The Times, 10th March 2009
Please note the Times Law Reports are only available free on Times Online for 21 days from the date of publication.