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A new credit hire reform could take 100,000 cases out of court
An agreement between insurers and credit hire companies could result in 100,000 cases being handled outside of county court. Reforms have been proposed to the 25-year-old voluntary general terms of agreement aiming to, cut costs and reduce friction between the two parties.
The four new GTA initiatives included within the agreement are as follows:
• There will be an annual independent vehicle hire rate review driven by market data
• The introduction of a compulsory arbitration where cases not agreed upon and settled within a set number of days following submission of a clean payment pack
• A new set of late payment penalties
• New guidelines on the areas of argument/ dispute in the arbitration process
A unique probate case sees a man’s will written on the back of food boxes as valid, in the UK High Court ruling
Diabetes UK Charity had a lengthy legal challenge to prove their rights to Malcolm Chenery’s estate. Having leftover 180,000 of his estate written in his will on the back food boxes, including a three-bedroom house and jewellery.
The charity’s claim was challenged because the informal will was spread across two separate pieces of packaging. The will specifying that the house and contents should go to the charity, could not automatically be read as being part of the same document. The high court judge ruled that the unconventional document was valid in accordance with the requirements of 1837 Wills Act.
Government issues timetable for leasehold reform
The government has delivered a timetable, announcing its own white paper on reforms for commonhold early next year. A leasehold and commonhold reform bill will follow in the second half of 2025.
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