yes as others have said, just a standard hp agreement, carrying all the rights of an hp agreement

 

Bills of Sale Act does not apply in Scotland, valid in England and Wales only

I thought the BOS was executed in england ? Was I mistaken

If this is he case then it is just a consumer credit agrement, simpler still.

Just did an HPI check and it shows outstanding finance...

Outstanding finance

Recorded against

VRM

Description

MODEL MAKE

Date

11/06/2016

Finance house

Finance house telephone

Agreement reference

Agreement type

Conditional Sale

A Conditional Sale is an agreement where full title of the asset remains the property of the finance company unless certain conditions are met. These are usually when all payments are made, and made on time. There may also be conditions placed covering the insurance and maintenance of the vehicle. If the agreement is not settled, the finance company still owns the vehicle.

What I notice is the date shows June 2016? It was June 2015 the agreement... just nit picking but any advice is appreciated.

conditional sale/hp very little difference, same rights under cca1974

urm..it says HP agreement

not Conditional Sale agreement

they are on very dodge ground if any of that is even enforceable.?

anyway you've got 'em over a barrel anyway now

they cant take the car end off without a return of goods order from a court.

if they do, don't object to it but don't sign anything

you'd then be able to get the lot back under section 99/100 guys?

Yes the only difference was that a conditional sale was completed and title transferred after the a optional (conditional)sale fee which was after the last installment , and a HP agreement was completed just after the last installment.

I say was because since 2008 they have both been the same and the agreement is terminated after the last payment.

urm..it says HP agreement

not Conditional Sale agreement

 

 

they are on very dodge ground if any of that is even enforceable.?

 

 

anyway you've got 'em over a barrel anyway now

they cant take the car end off without a return of goods order from a court.

 

 

if they do, don't object to it but don't sign anything

 

 

you'd then be able to get the lot back under section 99/100 guys?

Ys section 90-93 i think and if they took it from the hirers property additional sanctions,

I would open a Formal Complaint in writing with them, setting out your disputes and settlement proposals

which could be forwarded to the fos if they refuse

you have full protections under cca1974

just to reassure you from the Money Advice Service

Taking out a logbook loan in Scotland

In Scotland, ‘bills of sale’ cannot be used as security and are not legally binding.

Lenders in Scotland are therefore likely to be operating under different credit arrangements.

If the logbook loan is a ‘hire-purchase agreement’ or a ‘conditional sale’, your consumer rights and protection under the Consumer Credit Act 1974 will apply.