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Dunbar Bank plc v Nadeem and another

Language: English Series: All England Law Reports ; [1997] 2 All ER 252-272(10)Publication details: 1997Subject(s): Summary: ChD 7 November 1996. N indebted to D. In 1990 N fell into arrears and applied for further loan to purchase , with his wife, a new leasehold of the matrimonial home, of which he was sole lessee. Throughout negotiations, D dealt solely with N and his wife was not advised to take legal advice. A sum of money was laoned and when N fell into arrears with repayments, D issued proceedings against N and his wife. Wife entered defence and counterclaim contending her consent to a charge had been procured by undue influence of her husband. "Held" transaction was manifestly disadvantageous to the wife and since D did not take any steps to ascertain whether she knew what she was doing, wife entitled to have charge set aside.
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Law report London Journal article ABS56903 (Browse shelf(Opens below)) 1 Available 78103-1001

ChD 7 November 1996. N indebted to D. In 1990 N fell into arrears and applied for further loan to purchase , with his wife, a new leasehold of the matrimonial home, of which he was sole lessee. Throughout negotiations, D dealt solely with N and his wife was not advised to take legal advice. A sum of money was laoned and when N fell into arrears with repayments, D issued proceedings against N and his wife. Wife entered defence and counterclaim contending her consent to a charge had been procured by undue influence of her husband. "Held" transaction was manifestly disadvantageous to the wife and since D did not take any steps to ascertain whether she knew what she was doing, wife entitled to have charge set aside.