Mortgage fraud and a chargee's power of sale

The timing of the unilateral notice is key. It is therefore vital that if any party ever becomes aware of a fraud, it protects its interest, by registering a unilateral notice, as quickly as possible.

In relation to registered properties it could make sense to register a standard Land Registry restriction (form LL). This gives additional protection against a fraudulent transfer.

Wragge & Co has successfully acted for a range of clients in connection with matters with similar circumstances to those in Barclays Bank plc v Guy. Accordingly, if you have any queries concerning any of the matters highlighted above please contact Phil Clissitt.