‘Disgracefully sloppy’

Former Bank of Scotland mortgage contracts were described as ‘disgracefully sloppy’ in a Court of Appeal ruling, overturning a High Court repossession decision. Lamir Ladjadj and his family ran into financial difficulties and, after ten years, found they owed almost £100,000 more than the £157,674 they borrowed. Further castigated as so complex they made ‘little sense’ to borrowers the bank was ordered to pay £40,000 costs but retrial set aside as both sides had agreed to try mediation.