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Mortgages of part: A bullish approach
Mortgages of only a part of a development site bring with them a number of challenges when a lender exercises its power of sale. Helen Burns explores the decision in Taurusbuild ‘Legal ownership of parts of a site could be transferred into the ownership of special purpose vehicles, which then deal with the development and …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Taurusbuild Ltd & ors v McQue & anor [2019] UKUT 81 (LC)
- Wheeldon v Burrows (1879) LR 12 Ch D 31
- Wood & anor v Waddington [2015] EWCA Civ 538