The FSA has published an undertaking given by Cheshire Mortgage Corporation in relation to information/terms provided in its mortgage customers booklet. Click here for a copy of the undertaking. Its mortgage terms and conditions booklet provided that CMC could vary the mortgage interest rate at any time, which the FSA ruled could be unfair under the Unfair Terms in Consumer Contracts Regulations.
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Unfair contract terms – interest rate variation
- Eversheds LLP
- United Kingdom
- April 24 2012
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