A mortgage is a regulated mortgage for the purposes of the Rent Act 19771 if it is a legal mortgage2 of land consisting of or including a dwelling house which is let on or subject to a regulated tenancy3, and the regulated tenancy is binding on the mortgagee4. However, a mortgage is not a regulated mortgage for these purposes if either the rateable value of the dwelling house5 is less than 10 per cent of the
**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