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The editor of this section of the site is Nigel Clayton of Kings Chambers, Leeds and Manchester. Nigel also maintains the specialist website dealing with mortgages at www.legalmortgage.co.uk

Sale and leaseback
Unconscionable bargain

Mortgage Express v Lambert
[2016] EWCA Civ 555


A homeowner who was entitled to set aside a sale and leaseback transaction as an unconscionable bargain had an overriding interest. However, her interest was overreached by the grant of a mortgage advance to two trustees.


A property owner (O) entered into a sale and leaseback arrangement of her flat at a substantial undervalue ... THIS IS AN EXTRACT OF THE FULL TEXT. TO GET THE FULL TEXT, SEE BELOW

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