Equity recognises a right to payment of interest on a debt on discharge of a mortgage, even where the charge did not itself contain any such provision. Here a separate loan had come to be charged on the property, and there was no sufficient reason to displace the rule recognising the right to equitable interest.
Judges:
Lord Justice Henry, Lord Justice Robert Walker and Sir Anthony Evans
Citations:
Times 04-Oct-2001, [2001] EWCA Civ 1276
Links:
Jurisdiction:
England and Wales
Equity
Updated: 31 May 2022; Ref: scu.147649