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Lease – Consumer credit. The Chancery Division granted the defendant property developer's application for summary judgment on a claim under the Consumer Credit Act 1974, which contended that the transfer fee provisions in leases amounted to the provision of credit and that the leases were unenforceable consumer credit agreements. On the true construction of a lease, the defendant had not provided credit to the claimants in the transfer fee provisions of the lease and the claimants had had no real prospect of succeeding on its claim.
Lease – Consumer credit. The Chancery Division granted the defendant property developer's application for summary judgment on a claim under the Consumer Credit Act 1974, which contended that the transfer fee provisions in leases amounted to the provision of credit and that the leases were unenforceable consumer credit agreements. On the true construction of a lease, the defendant had not provided credit to the claimants in the transfer fee provisions of the lease and the claimants had had no real prospect of succeeding on its claim.
Sam Townend KC explains the Bar Council’s efforts towards ensuring a bright future for the profession
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Westgate Wealth Management Ltd is a Partner Practice of FTSE 100 company St. James’s Place – one of the top UK Wealth Management firms. We offer a holistic service of distinct quality, integrity, and excellence with the aim to build a professional and valuable relationship with our clients, helping to provide them with security now, prosperity in the future and the highest standard of service in all of our dealings.
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Most of us like to think we would risk our career in order to meet our ethical obligations, so why have so many lawyers failed to hold the line? asks Flora Page
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Sam Townend KC explains the Bar Council’s efforts towards ensuring a bright future for the profession
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