Matrimonial Homes At Risk
In an unreported High Court case last month, an order for sale was made despite the property being the family home, which had been purchased so that the defendants' children could attend specialist schools in the area.
The order was deferred for only twelve months, which gave the occupants little time to relocate.
Solicitors should advising clients in these circumstances should always tell clients that registration of home rights is unlikely to defeat the interests of a commercial creditor.
If you are concerned that your home is at risk, or if you have been poorly advised about this by a solicitor, contact us for expert advice and assistance.