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Building society entitled to charge

Language: English Series: Times ; 25 April 1995, 42(1)Publication details: 1995Subject(s): Summary: In "Boscawen and others v Bajwa and others" and "Abbey National plc v Boscawen and others", CA 10 April 1995, it was held that where a building society lent money for the purchase of property with the result that a debt secured by a legal charge on the property was discharged, the building society was subrogated to the rights of the creditor under the charge.

In "Boscawen and others v Bajwa and others" and "Abbey National plc v Boscawen and others", CA 10 April 1995, it was held that where a building society lent money for the purchase of property with the result that a debt secured by a legal charge on the property was discharged, the building society was subrogated to the rights of the creditor under the charge.