JD Supra

Standard Variable Rates After Transfer: Mandatory Or Permissive?

The Court of Appeal has considered whether a bank acquiring a portfolio of residential mortgages was obliged to charge borrowers its own standard variable rate or whether it could maintain the ...
Easier

Variable rates continue to dominate mortgage landscape

The latest John Charcol Mortgage Index reveals that 84% of borrowers took a variable rate mortgage in March 2010, the highest figure since October 2008. The index also revealed that just 7% of ...
JD Supra

Court of Appeal confirms an incoming mortgage lender can maintain prevailing SVR, and clarifies the limits of the unfair relationships regime

There is no power under the Consumer Credit Act 'unfair relationships' regime to grant any relief in connection with a regulated mortgage contract, regardless of whether or not that mortgage is ...