56 More recently, the Court in Animal Welfare applied Anchorage Management and Perez in setting aside an award of
costs against the principal of a litigant company.
Not exact matches
If your goal is to find a
cost effective balance, you should determine the sweet spot where each payment pays down more
principal than interest (25 years or lower amortization) and invest the money you would have put
against the mortgage into a higher yield option.
This is because if the owner later decides to turn their PPOR into an investment property they are able to withdraw the cash from the offset account and claim all of the associated interest
costs on their outstanding loan as a tax deduction (because the deductibility of interest
costs are capped to the lowest
principal balance the loan has ever been at whilst the property was a PPOR) whilst using the cash to offset
against the new PPOR mortgage which is generating non tax - deductible interest.
Your Double - Up payment is applied directly
against the
principal balance of your mortgage, which cuts down the life of your mortgage and saves interest
costs.
What I find interesting here is what one calls the «opportunity
cost» — we know the «precautionary
principal» is a self defeating logic (since action in it's alleged favour should also be «precautioned»
against!)
In Oasis, the court invoked inherent jurisdiction to award
costs personally
against the
principal of an insolvent company.
Representation of Mr Maksimov at interlocutory hearings and, as sole counsel, at a 4 - day Commercial Court contempt trial in October 2014 at which the
principal allegations
against Mr Maksimov were dismissed and the claimant was ordered to pay 80 % of his
costs (PJSC VAB v. Sergei Maksimov [2014] EWHC 3771 (Comm)(liability for contempt); [2014] EWHC 4370 (Comm)(
costs)-RRB-.
(iii) The court said that since the
principal point had been decided
against Barrett, the third (and fourth) issue did not arise for decision but a view was expressed obiter that there was no reason why the rule in Wong v Vizards [1997] 2
Costs LR 204 should not be equally applicable to non-contentious work.
Borrower and the
Principal (s) must, jointly and severally, absolutely and unconditionally covenant and agree to pay, indemnify and hold Lender harmless
against any and all damage, loss, liability,
costs and expenses which Lender may suffer or to which Lender may become subject, plus interest thereon at the After - Maturity Rate, which arise out of or are based upon:
Lower construction
costs are the
principal factor in the upturn, especially when measured
against stabilizing house values.
«It takes time for homeowners to recover their upfront
costs in buying a home through a combination of appreciation, savings
against rent and a lower
principal balance,» said Brian Davis, co-founder of Spark Rental.