In Breeze v TSB Bank Plc [2024] EWHC 2427 (Ch), the court addressed TSB’s entitlement to charge a different standard variable rate (SVR) for transferred Northern Rock mortgages. The case examined two key preliminary issues: whether TSB breached the express terms of the mortgage contracts and the application of unfair relationship provisions under s 140A of the Consumer Credit Act 1974 to regulated mortgage contracts. Nigel Clayton highlights these points, offering insights into contract interpretation and consumer credit law in…
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