Adjourned second application for leave to appeal. Whether differential rates applied by mortgage valid. Citations: [2002] EWCA Civ 110 Links: Bailii Statutes: Consumer Credit Act 1974 138 139 Jurisdiction: England and Wales Consumer Updated: 30 May 2022; Ref: scu.216729
The defendant sought to re-open the question of whether the charge under which he might otherwise be liable was an extortionate credit bargain. The creditor said that that plea was time barred. The defendant argued that a finding that the agreement amounted to an extortionate bargain would not be a substantive relief, and was therefore … Continue reading Nolan v Wright: ChD 26 Feb 2009
