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Building society cannot keep surplus

Language: English Series: Times ; 4 July 1995, 21(1)Publication details: 1995Subject(s): Summary: "Halifax Building Society v Thomas and another" CA 29 June 1995. Although the mortgagor had obtained a mortgage fraudulently, the mortgagee was not entitled to surplus proceeds made on the sale of the property after the mortgagor has fallen into arrears.

"Halifax Building Society v Thomas and another" CA 29 June 1995. Although the mortgagor had obtained a mortgage fraudulently, the mortgagee was not entitled to surplus proceeds made on the sale of the property after the mortgagor has fallen into arrears.