Abstract

THE House of Lords in Royal Bank of Scotland plc v. Etridge (No. 2) [2001] UKHL 44, [2001] 3 W.L.R. 1021 refined and reformulated the principles laid down in Barclays Bank plc v. O’Brien [1994] 1 A.C. 180. Among other things, Etridge sets out new minimum requirements for mortgagees who take third party security from wives or partners and for solicitors whose task it is in such cases to advise the surety.

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