Anfield (UK) Limited v Bank of Scotland Plc, Shafquat Ahmed Siddiqui, London Scottish Finance Limited
Language: English Publication details: 2010Subject(s): Online resources: Summary: [2010] EWHC 2374 (Ch), 24 September 2010. A loan to defendant S was secured by a charge over S's property registered at the Land Registry in 2000. Defendant B lent S money to redeem the earlier charge and received an executed charge in 2006. B did not protect its loan at the Land Registry until 2009 whereas an equitable charge in favour of claimant A had been registered on S's title in the meantime. Who had priority? Held: Although B did not protect its loan to S at the Land Registry until 2009, it was entitled to gain priority through subrogation over lenders registered earlier.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Law report | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 151347-2001 |
[2010] EWHC 2374 (Ch), 24 September 2010. A loan to defendant S was secured by a charge over S's property registered at the Land Registry in 2000. Defendant B lent S money to redeem the earlier charge and received an executed charge in 2006. B did not protect its loan at the Land Registry until 2009 whereas an equitable charge in favour of claimant A had been registered on S's title in the meantime. Who had priority? Held: Although B did not protect its loan to S at the Land Registry until 2009, it was entitled to gain priority through subrogation over lenders registered earlier.