I think the bank's mortgage over the property takes precedence. The mortgage existed before the bankruptcy and effectively says that the property belongs to them if payments are not kept up. The payments were not kept up and so the property belongs to them. They effectively had first dibs from the moment he signed the mortgage.AnOwlCalledSage wrote: ↑Thu Dec 03, 2020 6:06 pmDoesn't the administrator already have a High Court writ for the house, and Nat West are simply a secured creditor, as per the Land Registry entry? He's simply been lucky with the Covid regulations so far or he'd have been out last April.
I seem to recall this coming up before, not least with Tom Crawford. If you don't keep up payments the bank is entitled to possession and pretty much all other factors are irrelevant. It's not so much that the bank gets ownership of the house, they already had it, subject only to Crabbert having a slightly better claim to ownership. A claim he has long since lost.