United Kingdom: Charges, Mortgages, Indemnities

For nearly three decades, a large group of mostly elderly and vulnerable mortgage holders have endured the consequences of a financial product that promised security but delivered profound hardship.

Facilitating sustainable home ownership and enhancing access and flexibility for mortgage borrowers have been at the top of the government's growth agenda for financial services.

On 17 June the European Commission published its long-awaited legislative proposals1 for reviving the European securitisation market (the proposals). This is a significant and wide-ranging package of reforms, aimed at reducing undue obstacles to the growth of the EU securitisation market.

The High Court ruled that a buyer could adjust the purchase price under an SPA's price determination mechanism despite a related indemnity for a customer dispute, emphasizing the importance of clearly defining interactions between such provisions in agreements.

This article aims to provide the busy family practitioner with a fairly comprehensive guide to the what, where, when, and how of equitable accounting, specifically in the context of trusts of land, to assist you...

In this case the Court applied traditional constructive trust principles to disputed facts in order to determine whether a specific property came within the estate of a bankrupt.

The Maples Group offers extensive expertise in the UK RMBS and securitisation markets, supporting clients with issuance platforms, regulatory adaptations, and innovative structures. Their fiduciary services include providing experienced UK resident directors for structured finance vehicles, backed by a global network and a strong track record of managing complex transactions and regulatory demands.

Maintaining control of your property and business operations hinges on effective debt servicing. To avoid losing your business to bank-appointed administrators or receivers, it's crucial to negotiate loan terms strategically, limit collateral when possible, and maintain open, proactive communication with lenders.

Solicitors verify the source of funds to combat money laundering, as required by law and mortgage lenders. Clients must provide comprehensive bank statements and documentation to ensure compliance and expedite the conveyancing process.