Saturday, 21 January 2012
Many lenders and law firms in Scotland have interpreted 'default' to mean merely a failure to pay sums due under a mortgage, whereas Govan Law Centre has argued that 'default' is a technical term which means the failure to comply with a calling-up notice.
The cases of RBS plc v. McConnell and NRAM plc v. Millar look set to provide clarity on this point. Many repossession actions across Scotland have been continued or sisted (stayed) pending the court's judgment in these cases.
Saturday, 14 January 2012
Thursday, 12 January 2012
STV Glasgow's online site here. Entries will also be posted at one single location on this site for ease of reference, along with some occasional additional extras and tips.