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Last month, following a consultation between 10 March and 2 June 2011, the Office of Fair Trading (OFT) published a revised version of its Debt Collection Guidance. It was last revised in December 2006.
The...
Sale and leaseback schemes
The court was asked here to determine preliminary issues in 9 test cases concerning the controversial sale and lease back schemes. These schemes enabled the occupiers of property to sell their property...
Charging orders
The OFT has announced that it has uncovered problems about the use of charging order by some lenders.
Problems uncovered by the OFT's investigation were specific to each business, as set out in the...
New guidance on the Mortgage Repossessions (Protection of Tenants etc) Act 2010
The Department for Communities and Local Government has published new Guidance to the Mortgage Repossessions (Protection of Tenants etc) Act 2010 (MRPTA).
The growth in the letting of property and the...
Review of consumer credit and personal insolvency
Consumer Affairs Minister, Edward Davey has announced a review of consumer credit and personal insolvency. The review will cover:
How consumers enter into credit commitments, including the way in...
Mortgages – Power of sale and residential property consultation
The Ministry of Justice has today published a consultation paper on mortgages - power of sale and residential properties. It ends on 28 March 2010.
The consultation was launched in response to the case...