000 01349cab a22002535a 4500
001 L143364
008 080429e20080418xxk f 000 0 eng d
035 _a(Sirsi) u143364
041 0 _aeng
100 1 _aGreer, Sarah
245 0 0 _aWatching the clock
260 _c2008
490 _aNew Law Journal
_v158(7317) 18 April 2008, 548-549(2)
520 _aExamines the decision in Ashe v National Westminster Bank plc, and suggests that it may encourage lenders to evict defaulting mortgagors sooner. Presents the facts of the case. The main issue was whether the bank's rights in the property had been extinguished through adverse possession. The had delayed seeking possession for longer than the statutory 12-year limitation. Suggests that to avoid such problems, lenders should limit their right to possession to defaulted payments. Close monitoring of the limitation period and relevant issues is also advocated.
590 _aKA
650 2 4 _aASHE V NATIONAL WESTMINSTER BANK PLC
650 2 4 _aLIMITATION ACT 1980
650 2 4 _aFOUR-MAIDS LTD V DUDLEY MARSHALL (PROPERTIES) LTD
650 2 4 _aPALK V MORTGAGE SERVICES FUNDING PLC
650 2 4 _aPYE V GRAHAM
651 4 _aEngland and Wales
_y1543-
690 _aPROPERTY-RESIDENTIAL PROPERTY-RESIDENTIAL PROPERTY FINANCE AND INVESTMENT-MORTGAGING RESIDENTIAL PROPERTY
942 _n0
999 _c80155
_d80155