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I have been reading this post with interest, as I will be helping my potential son-in law, VT an HP agreement regulated by the CCA 1974.
I have 2 questions:
1) His agreement is in 2 parts, goods and services. In the post I read "If you pay less than £1500 per year on your agreement you must give 1 months notice"- is this just in relation to the goods, or the goods and services; the 'goods side' is £1482 per annum, the services side £968. I am trying to figure out how much notice to serve.
2) I believe he is not able to terminate the services side, and this will remain payable until completion - Any way out of this, he was properly 'stitched up' by the car salesman!
Thank you in advance for any help you are able to offer.
I have 2 questions:
1) His agreement is in 2 parts, goods and services. In the post I read "If you pay less than £1500 per year on your agreement you must give 1 months notice"- is this just in relation to the goods, or the goods and services; the 'goods side' is £1482 per annum, the services side £968. I am trying to figure out how much notice to serve.
2) I believe he is not able to terminate the services side, and this will remain payable until completion - Any way out of this, he was properly 'stitched up' by the car salesman!
Thank you in advance for any help you are able to offer.
