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Summers v TSB Bank Plc

Article contributed by Nigel Clayton   [2022] EWHC 1068 (Ch) and [2022] EWHC 1691 (Ch)    Summary  The court granted a vesting order in favour of a beneficial owner of property, but subject to the priority of an acquisition mortgage obtained on purchase by her parents.    Facts  TSB had previously brought proceedings for possession of mortgaged property against the estate of the deceased borrowers, and their daughter, S, who claimed a proprietary interest in the property in priority to…

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