It was usual to insert in mortgages executed before 1 January 18821 an express power of sale2. The statutory power of sale3 renders express powers unnecessary, although in practice it remains common to include an express power of sale in the mortgage in addition to the statutory power of sale4. A variation or extension of the statutory power operates as if it were a part of the statutory power5, and a conveyance on sale by a mortgagee is
**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