The mortgagor cannot generally compel the mortgagee to accept payment of the mortgage money before the day of payment appointed in the proviso for redemption1. A stipulation in a mortgage that the principal debt is not to be called in for a given period is often accompanied by a corresponding stipulation that the mortgagor is not to be entitled without the mortgagee's consent to pay off or redeem the mortgage before the expiration of the period. Although the law will not allow a mortgagor to be precluded from redeeming altogether
**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