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Bankers Trust Co v Namdar and Namdar

Language: English Series: New Property Cases ; [1997] NPC 22(5)Publication details: 1997Subject(s): Summary: CA 17 February 1997. Subrogation is not granted to a creditor presenting itself as both creditor and lender. An equitable mortgage may be created over half a share in a joint tenancy even where the subject matter is the family home and where the other joint tenant is the spouse. The marriage having come to an end, so with it any collateral purpose and the mere fact there were infant children of the marriage did not revive it. HEADNOTE FROM JOURNAL (NOT TO BE PHOTOCOPIED)
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Law report London Journal article X3913 (Browse shelf(Opens below)) 1 Available 33718-1001

CA 17 February 1997. Subrogation is not granted to a creditor presenting itself as both creditor and lender. An equitable mortgage may be created over half a share in a joint tenancy even where the subject matter is the family home and where the other joint tenant is the spouse. The marriage having come to an end, so with it any collateral purpose and the mere fact there were infant children of the marriage did not revive it. HEADNOTE FROM JOURNAL (NOT TO BE PHOTOCOPIED)