09 March 2006
Mr and Mrs A separated in December 1998 and Mr A bought a new property as his main residence. On 21 April 1999, a consent order was agreed between them, which included an agreement that Mr A would execute a legal charge over the previous matrimonial home, which Mrs A continued to live in, as security for payment to him of a lump sum equal to 22.7% of the open market value of the property, without interest. This was payable on the happening of various events. The second charge was eventually registered on 25 May 1999.
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