Walden v Atkins [2013] EWHC 1387 (Ch)

WTLR Issue: October 2013 #133

In 1971 Michael Walden purchased a property from his grandmother and as part of the agreement she could live in the property for life.

In 1975 he verbally agreed to sell the property to his uncles Dennis and Maurice Walden for £15,000, with £8,000 of the purchase price left outstanding as an interest free loan repayable on the second of Dennis and Maurice to die...