A legal mortgagee might make an equitable sub-mortgage by deposit, and an equitable mortgage by deposit could be sub-mortgaged by redeposit without depositing the memorandum given on the original deposit1. The derivative mortgagee had to deliver up the deeds to the original mortgagor upon being paid all that was actually due on the original deposit2. A sub-mortgage by deposit of deeds relating to unregistered land did not need to be registered as a land charge3. A sub-mortgage of registered land might be created by deposit of
**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