000 01092cab a2200289 4500
001 WB2832-59
008 090401t1992 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u93933
041 _aeng
245 _aSale of mortgaged property against lender`s wishes
260 _c1992
350 _a0
490 _aTimes
_v7 August 1992, L&T9(10)
520 _a"Palk v Mortgage Services Funding plc" CA 31 July 1992. It was held that the court did have discretion under Law of Property Act 1925 s91 to order the sale of a house, even though the mortgage could not be redeemed completely by the selling price. The mortgagor should not have the burden of servicing the debt while the mortgagee speculated on an upturn in the property market.
650 _aARREARS
650 _aHOUSING MARKET
650 _aLAW OF PROPERTY ACT 1925 S91
650 _aMORTGAGE PAYMENTS
650 _aMORTGAGEES
650 _aMORTGAGES
650 _aNEGATIVE EQUITY
650 _aPOSSESSION
650 _aREDEMPTION OF MORTGAGE
690 _aHOUSING-CASE LAW
942 _n0
948 _c04/03/1997
999 _c59531
_d59531