Urban Ventures Ltd v Thomas and others

Land charge – General equitable charge. The Court of Appeal, Civil Division, in dismissing the appellant's appeal, held that the present was not a case in which 'tacking' arose, and the second respondent retained its priority as first chargee in respect of an advance made by it in October 2006. There had been no new or further advance in or following March 2009, nor anything which the law would deem to have been a new or further advance, nor any agreement that the second respondent should be treated as having made a new advance.

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