Whether a bank’s ‘all monies mortgage’ gives the bank a security over the premises subject to the mortgage in respect of monies due under a regulated consumer credit agreement governed by the Consumer Credit Act 1974 which is not in itself a secured debt but breach of which has led the bank to obtain a judgment for the debt due under the agreement.
Citations:
[2001] NICh 6
Links:
Statutes:
Jurisdiction:
Northern Ireland
Consumer, Land, Banking
Updated: 27 October 2022; Ref: scu.202030