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Land registration – Title. The Chancery Division held that the claimant and the first defendant, who was his wife, were entitled to an order setting aside a transfer and a settlement and transfer of property on the grounds of mistake, where they had believed that the steps they had taken would not result in an immediate charge to tax nor a ten-year anniversary charge. The equitable rules applied to the situation. In the circumstances, it was appropriate to set aside all of the relevant transactions.
Land registration – Title. The Chancery Division held that the claimant and the first defendant, who was his wife, were entitled to an order setting aside a transfer and a settlement and transfer of property on the grounds of mistake, where they had believed that the steps they had taken would not result in an immediate charge to tax nor a ten-year anniversary charge. The equitable rules applied to the situation. In the circumstances, it was appropriate to set aside all of the relevant transactions.
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Westgate Wealth Management Ltd is a Partner Practice of FTSE 100 company St. James’s Place – one of the top UK Wealth Management firms. We offer a holistic service of distinct quality, integrity, and excellence with the aim to build a professional and valuable relationship with our clients, helping to provide them with security now, prosperity in the future and the highest standard of service in all of our dealings.
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