14 years and 7 months to go...

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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 (hasanyonegotthisone@hotmail.com), March 23, 2004

Answers

I think you were thinking of Norgan v Cheltenham & Gloucester 1995 see: http://www.legal500.com/devs/uk/cs/ukcs_165.htm

-- M Amos (idgroms@hotmail.com), May 02, 2004.

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