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Mortgages (Rights of the Mortgagor (Equity of Redemption (Recognised as a…
Mortgages
Rights of the Mortgagor
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In certain commercial situations, collateral advantages can form a part of a mortgage under Esso Petroleum v Harper's Garage (1968)
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Mortgages post-1925
LPA 1925 prohibits conveyance of fee simple, but granted a mortgage for a loan as either:
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LRA 2002
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Owner's powers in relation to a registered estate under s23(1) LRA 2002, include:
Power to make a disposition of any kind permitted by the general law in relation to an interest of that description, other than a mortgage by demise or sub-demise
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Equity of redemption still allows the recovery of property once the loan has been paid in full under Watt (2007)
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