Tracker Mortgage in UK Law

  • Alexander (as representative of the “Property118 Action Group”) v West Bromwich Mortgage Company Ltd
    • Court of Appeal (Civil Division)
    • 08 June 2016
    ... ... This type of mortgage is commonly known as a "tracker" mortgage ... 3 The Lender's Mortgage Conditions state that the rate of interest specified in the mortgage offer (other ... ...
  • Norris v Norris
    • Family Division
    • 28 November 2002
    ... ... £13,000, was put into Cronks Hill Road and the husband took out a mortgage for £20,000 which he paid ... 7 In August 1978 the parties ... his funds been under conventional management or invested in index tracker funds. Indeed, ignoring extraneous factors such as discharge of mortgage ... ...
  • Mark Tattersall v Amanda Tattersall
    • Court of Appeal (Civil Division)
    • 09 July 2013
    ... ... The mortgage was a buy to let mortgage and W's case was that she could not return to ... of W utilising the mortgage on the London property, which was on a tracker rate with interest currently at 2%, by seeking to have it transferred to ... ...
  • Mark Robert Alexander (as representative of the "Property 118 Action Group") v West Bromwich Mortgage Company Ltd
    • Queen's Bench Division (Commercial Court)
    • 29 January 2015
    ... ... Alexander are commonly known as tracker mortgages because they track a reference rate. Mr. Smith said that customers like Mr. Alexander choose tracker mortgages because they limit the risk ... ...
  • Kenneth Taylor v Legal and General Partnership Services Ltd
    • Chancery Division
    • 07 October 2022
    ... ... investment fraud, who seek by the present proceedings to hold a mortgage advisor responsible for losses suffered in consequence of the failure of ... I have therefore recommended a Tracker rate product. I recommend having considered your needs and preferences, ... ...
  • Lipsett, Karl Thomas and Karen Lipsett and AIB Group UK PLC
    • Court of Appeal (Northern Ireland)
    • 22 January 2020
    ... ... (d) Chris Floyd, a “Mortgage Recovery Officer” employed by the Bank. Material dates and events in ... ’ contractual arrangements, was the “First Trust Bank Flexi Tracker”. (vii) On 16 January 2007 the Lipsetts were provided by Ms Greer with ... ...
  • NK CCS 387 2009
    • Upper Tribunal (Administrative Appeals Chamber)
    • 12 November 2009
    ... ... 60 C Drive, which it valued at £330,000, less a mortgage of £257,000, giving equity of £73,000. It decided that as at 2 February ... The Skipton mortgage was an interest only tracker mortgage (p.210 of CCS/703/2009), and according to the Tribunal’s ... ...
  • P D Curtis v The Commissioners for Her Majesty's Revenue & Customs, TC 03303
    • First-tier Tribunal (Tax Chamber)
    • 05 February 2014
    ... ... notice contends, he is liable to income tax on the benefit of a mortgage loan provided by a subsidiary of his then employer under the ... 5. His new mortgage was an interest rate tracker mortgage: the interest rate was set at a fixed percentage above the bank's ... ...
  • TC03303: P D Curtis
    • First Tier Tribunal (Tax Chamber)
    • 05 February 2014
    ... ... , finding that he was liable to income tax on the benefit of a mortgage loan provided by a subsidiary of his then employer under the "beneficial ... [5]His new mortgage was an interest rate tracker mortgage: the interest rate was set at a fixed percentage above the bank's ... ...
  • Barclays Bank plc / ING Direct NV
    • Competition and Markets Authority (EW)
    Assessment of the supply of mortgage products via the broker channel. Third parties. Personal customers. Market share. Business banking services in a number of countries
    ... ... Direct N.V., including its UK retail savings and residential mortgage ... businesses ... ME/5746/12 ... The OFT’s decision on reference under ... including fixed and tracker mortgages, and that a broad range of ... competitors will remain ... ...
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