ABSTRACT
Introduction The common definition of a mortgage is that it is a loan of money secured against property; but in legal terms it is also one of the five classes of legal interest in land listed in Section 1(2) of the Law of Property Act 1925.
Introduction The common definition of a mortgage is that it is a loan of money secured against property; but in legal terms it is also one of the five classes of legal interest in land listed in Section 1(2) of the Law of Property Act 1925.