TSB part interest part repayment Mortgage Proceedings issued for repossession

[Openlaw15]

Re: TSB part interest part repayment Mortgage Proceedings issued for repossession

With all due respect, if completing a BA in Law made you an expert there would be no need for further training

A law degree may give you insight but does not make you an expert , in addition law changes frequently and may not be publicised

With all due respect indeed, I offered OP advice which was largely mirrored by the solicitor. I am still aware of remedies at equity and when they're not, ie stay of eviction.

[nemesis45]

Re: TSB part interest part repayment Mortgage Proceedings issued for repossession

With all due respect indeed, I offered OP advice which was largely mirrored by the solicitor. I am still aware of remedies at equity and when they're not, ie stay of eviction.

Rather the other way round I think!

[Openlaw15]

Re: TSB part interest part repayment Mortgage Proceedings issued for repossession

Rather the other way round I think!

How was it the other way around when I told the OP exactly what they could do to defend the possession? I explained how property law works, ie legal and equitable interests, and affecting mortgages, explaining redemption and referred him to the relevant statute and relevant case precedent. Hmmm

[moatmeister]

Re: TSB part interest part repayment Mortgage Proceedings issued for repossession

An adjournment is best all round to give you a chance to submit an adequate defence.

Been to court today and thanks to the help given by members of this forum, in conjunction with a the help of an adviser from Shelter and backed up by advice from a qualified local solicitor, the Judge has adjourned the hearing until mid February on a combination of technicalities, incorrect information on the claim form and the requirement for the claimant to provide me with a witness statement. Although the matter is not over this is a great result and as suggested above, buys me time to try to negotiate further with the TSB and/or raise some funds.

A bit of advice from me to anyone facing a similar position, - Don't bury your head in the sand! Pick up the phone and seek help asap. Shelter.org is a goldmine of firsthand information and advice!
Thank you to everyone, for your input I will keep you advised of any further developments.

[Amethyst]

Re: TSB part interest part repayment Mortgage Proceedings issued for repossession

That is good news Shelter are indeed very good, I'm glad you managed to get the adjournment. Gives you a little bit of breathing space to get some proposals sorted to the bank.