Search:
Computing and Library Services - delivering an inspiring information environment

La Direttiva 2014/17/UE in merito ai Contratti di Credito ai Consumatori relativi a Beni Immobili Residenziali: una Interpretazione del Quadro Normativo e una Analisi di Diritto Privato

de Gioia-Carabellese, Pierre and Chessa, Corrado (2016) La Direttiva 2014/17/UE in merito ai Contratti di Credito ai Consumatori relativi a Beni Immobili Residenziali: una Interpretazione del Quadro Normativo e una Analisi di Diritto Privato. Responsabilita' Civile a Previdenza. pp. 1-23. ISSN 2499-2453

Metadata only available from this repository.

Abstract

With the devastation wrought by the 2008 'property market bubble' still fresh in the mind on one hand, and a spate of recent enthusiasm manifested in the 'rush to the property ladder' on the other, the newly enacted Directive 2014/17 seeks to strike a middle ground of reasonableness in the delicate and sensitive matter of the security granted by the buyer of a residential property.Against this background, the present contribution analyses, first and foremost, the norms of a regulatory nature introduced by the new EU piece of legislation and the attempt to shape a new category of consumer. Among these precepts, attention is particularly afforded to the principle, of a public nature, prescribing that the bank's assessment to grant a mortgage shall be prevailingly based on the ability of the mortgagor to repay the debt, rather than on the expected (but undemonstrated) burgeoning future value of the property.Furthermore, the discussion focuses on the private law principles introduced by the Directive. Among these is the onus lying on the bank to provide adequate information about the terms and conditions of the mortgage. More interestingly, the directive at stake derogates from, and goes beyond, the notion of prohibition of 'agreement of forfeiture' existing in some civil law jurisdictions. This novelty, the ancillary legal provisions of art 28 of Directive 2014/17 as well as their impact on the system of civil proceedings and foreclosure existing in each country, provide fertile ground for a legal and comparative analysis.

Item Type: Article
Schools: Huddersfield Business School
Depositing User: Jonathan Cook
Date Deposited: 11 Jan 2018 13:11
Last Modified: 11 Jan 2018 13:11
URI: http://eprints.hud.ac.uk/id/eprint/32902

Downloads

Downloads per month over past year

Repository Staff Only: item control page

View Item View Item

University of Huddersfield, Queensgate, Huddersfield, HD1 3DH Copyright and Disclaimer All rights reserved ©