All articles by Verdict Staff
Verdict Staff
Right to rescind contract due to false representation permits return of not-so-new car
Neither depreciation, intermittent use nor delay prevented a purchaser from rescinding a contract to purchase a brand new car and recovering the purchase price.
High Court Enforcement Officers Association looks at consumer finance demand
The High Court Enforcement Officers Association (HCEOA) is running a survey to look at the current methods used by lenders to enforce County Court judgements, and see the extent of the demand for the ability to use High Court Enforcement Officers (HCEOs).
Advantage receivables reach £200m
Independent lender Advantage Finances gross receivables reached £200m for the first time in H1 2015, parent company S&U revealed in its trading update for the six months to 31 July 2015.
Plevin decision could cost financial firms £33bn report
A landmark court ruling in November 2014 regarding the Plevin v Paragon case could end up costing UK financial companies up to £33bn if the ruling is applied across the industry, Reuters has reported consultancy Autonomous as saying.
Business confidence weakens but is still high for the second half of 2015
The second Motor Finance confidence survey aimed to capture the expectations of motor finance professionals on the performance of the industry for the second half of the year
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Online broker putting prime foot forward
Carfinance 247s co-owner and director Louis Rix tells Jonathan Minter about a rise in prime customers for his business
Used car regional variations explained
Karolina Edwards-Smajda looks at why different models can vary in popularity in different regions
Industry onus to treat customers fairly on GAP
The Financial Conduct Authority (FCA) has recently confirmed that changes to the rules relating to the sale of Guaranteed Asset Protection (GAP) insurance will go ahead, with the revised rules coming into force on 1 September.
Stringent rules for minding the GAP
On 10 June, following consultation, the Financial Conduct Authority (FCA) published the final version of its rules on the sale of Guaranteed Asset Protection (GAP) insurance.
Third parties and conversion claims
Katherine Clark, a solicitor at Weightmans, looks at some of the options available upon finding an asset is in the possession of a third party.