September 4, 2025
Waller-Edwards v One Savings Bank Plc [2025] UKSC 22 (04 June 2025)
An innocent buyer purchased a property after a fraudster forged a mortgage discharge. The Supreme Court held the registration of the forged discharge was a mistake, allowing the bank's mortgage to be reinstated, leaving the buyer to seek indemnity from the Land Registry. Facts A property was subject to a registered mortgage in favour of One Savings Bank Plc (“the Bank”). A fraudster, impersonating the property owner, executed a forged discharge of the mortgage (a Form DS1). The Land Registry, acting on this forged document, removed the Bank’s charge from the register. The fraudster then sold the property, now appearing
