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+--- Thread: Good news for some home owners (/showthread.php?tid=4966)
Good news for some home owners - Magda Hassan - 29-11-2010
I'm sure the banks will appeal but this is some seriously good news for some people.
Quote:Incredible UK Supreme Court decision on repossession in Scotland[/FONT]
[FONT="]A Supreme Court decision on Scottish repossessions yesterday basically means about 75% of cases raised or stayed in Scotland are arguably now incompetent. Banks have apparently got the law wrong for the last 40 years.[/FONT]
[FONT="]Govan Law Centre is applying for dismissals today (with the benefit of trying to get expenses removed from mortgages, the legal expenses of £2 to £3k are usually just added on to the mortgage). [/FONT]
[FONT="]A nightmare scenario for UK banks lending in Scotland - but proof perhaps of the existence of Santa? as no-one in Scotland will lose their house this Xmas![/FONT]
[FONT="]http://www.mortgagestrategy.co.uk/le...022587.article[/FONT]
[FONT="]http://www.heraldscotland.com/news/h...ions-1.1070721[/FONT]
[FONT="]http://govanlc.blogspot.com/2010/11/...waves-for.html (with link to the full judgment and GLC commentary).
http://www.consumeractiongroup.co.uk/forum/content.php?628-Incredible-UK-Supreme-Court-decision-on-repossession-in-Scotland[/FONT]