just a warning to all of you considering Blemain finance as a loan company. i made the huge mistake of using this company , recommended to me by ocean finance. the company insist i take out a joint loan with my wife. i thought nothing of this -until i missed a payment. what Blemain do…
The Supreme Court’s decision in Johnson v First Rand [2025] UKSC 33 delivered on 1st August 2025 has had major consequences for the PCP/car finance claims market while strengthening the position of mortgage undisclosed commission (UDC) cases. The Johnson appeals centred on car dealers who also acted as finance brokers and received undisclosed commissions from…
The Supreme Court decision in Johnson v First Rand has reinforced and clarified the legal framework for mortgage undisclosed commission (UDC) cases. The ruling upholds long-standing principles around fiduciary duties, bribery, and disclosure, while also removing ambiguities that previously existed. On bribery, the Court maintained that it remains a strict liability tort, rejecting attempts to…
The FCA has issued an update on compensation payments for people who were mis-sold car finance as it clarified how many people are expected to be paid and how much they could get. Around 30 million people could be eligible for compensation under the UK financial watchdog’s motor finance redress scheme, its boss has said, while payouts…
The common law on secret commission claims has become more settled in the recent years but not all claimants are adapting to recent cases. Since the appeal of Wood, claimants’ have a lower burden to discharge to succeed in their claims, but each case turns on its facts and that fact-specific analysis is often lacking.…
Full Article – Payday lenders told to improve by OFT – BBC News Payday loan firms have been told to change their behaviour after the Office of Fair Trading (OFT) found evidence of “widespread irresponsible lending”. The OFT is giving the biggest 50 firms 12 weeks to change their practices, or risk losing their licences.…
Full Article – BrightHouse to pay £14.8m in compensation and refunds for ‘irresponsible lending’ – what customers need to know – Manchester Evening News BrightHouse is to pay out £14.8m in compensation and refunds after a financial watchdog ruled the company had treated its customers unfairly. The weekly-payment firm, which has more than a dozen…
Mr. Ade had lived in his housing association property in London for years. What started as a small patch of mould in his living room turned into something far more serious. It spread silently — across ceilings, behind furniture, into the bedrooms — making the home unsafe. He cleaned it.He reported it.He was promised help.…
Leanne, a single mother of two, had lived in her cosy council flat for over five years. What began as a safe haven gradually turned into a nightmare. It started with a small damp patch in the kitchen — which her landlord dismissed as “nothing to worry about.” But that patch quickly spread, transforming into…
The High Court ruled today against the banks in a challenge brought by the banks over new regulations to control the selling of payment protection insurance (PPI) to borrowers The new regulations not only apply to new policies sold after the beginning of December, but also to complaints relating to cover before the new regime…