14 years and 7 months to go...greenspun.com : LUSENET : Repossession : One Thread
Somewhere on this site (or possibly not) I read that you have as long as the original mortgage agreement to repay the mortgage, i.e. if there's ~£26k outstanding, and 14years+7mnths to go until the end of the original agreement (speaking "hypothetically", of course!), you can repay at ~£150pm & they can't get more (even tho' they're asking for £200pm - again in a hypothetical manner!).
I THINK it was a previous court case, but I can't remember which one, or find it on the site - can anyone help with the details?
[Somepeople knit, some hill-climb and some make model aeroplanes. My hobby is writing to Henderson, Booth and Snell]
-- HFX Victim (email@example.com), March 23, 2004
I think you were thinking of Norgan v Cheltenham & Gloucester 1995 see: http://www.legal500.com/devs/uk/cs/ukcs_165.htm
-- M Amos (firstname.lastname@example.org), May 02, 2004.