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Mortgage fraud, who picks up the tab?

  • Wragge & Co LLP
  • -
  • United Kingdom
  • -
  • February 27 2012

Innocent solicitors commit a breach of trust and have to repay to the lender a mortgage advance paid away to fraudsters

Enforcement of undertaking to redeem charge

  • Wragge & Co LLP
  • -
  • United Kingdom
  • -
  • August 20 2009

A vendor's solicitor is required to comply with an undertaking to redeem charges over their client's property, notwithstanding that the sum due under the charges is double the purchase price