They have a way with words, don't they? That makes everything so much clearer, doesn't it?(posted 7375 days ago)I think that the ruling underlines the opinions of Mark and others that the 12 year rule is dictated largely by the terms of the mortgage itself - whilst any default could start the clock ticking, the mortgage agreement itself usually dictates when that actually happens. Usually that is after three payments are missed.
There is a lot on this site that is of interest in this matter and this case reinforces what some have already said - but Ian's pointer is very useful should anyone need to quote a judgement.