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Target Home Loans v Iza Ltd

Series: Estates Gazette ; [2000] 02 EG 117-124(8)Publication details: 2000Subject(s): Summary: Central London County Court, 31 March 1999. Applicant mortgagee, T, held a charge by way of a mortgage on a lease of a maisonette, the reversion which was owned by the respondent landlord, I. In 1990 T obtained a possession order against the lessess for mortgage arrears and by October 1997 had gained possession of the premises. I's solicitor then served a notice requiring repairs to be carried out on the property. In 1998, I claimed to have forfeited the lease by peaceable re-entry, relying on failure to pay ground rent and service charges. "Held" mortgagee entitled to relief from forfeiture upon payment of rent arrears and service charges.

Central London County Court, 31 March 1999. Applicant mortgagee, T, held a charge by way of a mortgage on a lease of a maisonette, the reversion which was owned by the respondent landlord, I. In 1990 T obtained a possession order against the lessess for mortgage arrears and by October 1997 had gained possession of the premises. I's solicitor then served a notice requiring repairs to be carried out on the property. In 1998, I claimed to have forfeited the lease by peaceable re-entry, relying on failure to pay ground rent and service charges. "Held" mortgagee entitled to relief from forfeiture upon payment of rent arrears and service charges.