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W was the sole owner of the matrimonial home. However, when it was remortgaged to fund repairs and renovation, H and W entered into the mortgage as joint mortgagors, on the basis of H’s income, even though H had no interest in the property. The balance of the mortgage monies was paid to W. H was later made bankrupt and his trustee in bankruptcy claimed that the payment of half of the mortgage monies to W was a transaction at an undervalue.
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