Cases Flashcards
Pettitt v Pettitt
Britain has become a property, particularly a real-property-mortgaged-to-a-building-society-owning, democracy
United Bank of Kuwait v Sahib
Deposit of title deeds is not sufficient for an equitable mortgage
Santley v wilde
Equity of Redemption: no clog or fetter on the equity of redemption
fairclough v swan brewery
Equity of Redemption: the right to redeem must not be illusionary
knightsbridge estates v byrne
Equity of Redemption: right to redeem must not be illusionary
multiservice bookbinding v marden
Equity of Redemption: no unconscionable or oppressive bargains
noakes v rice
Equity of Redemption: mortgage should gain no collateral advantage
Barclays v Obrien
mortgage will be set aside for fraud, misrep, or undue influence
RBS v Etridge (no 2)
Surety relationships:
- lender to contact surety, ask them to nominate a solicitor
- surety names solicitor
- lender discloses relevant details to surety’s solicitor
- solicitor to advise surety without principal debtor
- solicitor to write letter confirming they’ve been informed, and willing despite consequences
West Bromich Building Society v Wilkinson
Suing under covenant to repay: Limitation for capital amount of 12 years
Four maids ltd v Dudley Marshall Properties
Mortgagee has an inherent right to possession ‘before the ink has dried on the mortgage’
Halifax v Clarke
AJA S36: Previously under this case was to pay off entire sum, if the deed stipulated such; amended by s8 AJA 1973
Cheltenham & Glouchester BS v Norgan
AJA S36: ‘Reasonable period’ the entirety of the mortgage term
First national bank v Syed
AJA S36: ‘Likely to be able’ is a realistic prospect of payment and evidence
Bristol & West BS v Ellis
AJA S36: selling - within reasonable period between six to 12 months, no fixed rule.