Jelly_Sheffield
Time is an illusion. Lunchtime doubly so.
- Messages
- 783
- Location
- Sheffield, UK
I claimed interest based on the interest rate on the credit I paid with, as that represents my actual loss, (and is more than 8%).Did you remember to claim the 8% interest? I got Gloucester City Homes on that one as they only paid the claim in time. As the interest was outstanding, they got a Judgement recorded. Did I ever laugh, especially when their solicitors tried to claim that interest wasn't due and then tried to trick me into asking for the claim to be set aside! (Not my first rodeo, but seemed to be theirs!).
From my interpretation of the rules, that's permissable as long as I can provide documentary evidence to substantiate the alternative interest rate.
That now appears to be a compulsory step in the process.I think that you will be forced down the mediation route as a first step, unless the defendant rolls over.
However I can't really see what a mediator going to be able to do here.
From my perspective the seller is in direct breach of his obligations, and if they choose to defend the claim, there's no incentive for me to settle for anything less than the full amount due.