Where the mortgagee is suing for foreclosure only, the claim is that an account may be taken of what is due to him on the mortgage, which must be specifically described, for principal, interest and costs, and that the mortgage may be enforced by foreclosure1. If the mortgagee is willing to have a sale directed by the court, he will claim foreclosure or sale, but even if foreclosure only is claimed the court may still direct a sale2.
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234