NTIn ForceAct
Law of Property Act 2000
100Effect of order for foreclosure
Start here
Get a plain-English read of 100
Turn the raw legal text into a practical explanation grounded in Law of Property Act 2000.
100 Effect of order for foreclosure
On the registration of an order for foreclosure, the mortgaged
property vests in the mortgagee free of all of the interest of the
mortgagor, including all right and equity of redemption, and any
other person's interest in the property other than:
(a) a lease, easement or restrictive covenant to which the
mortgagee has consented in writing or to which the mortgagee
is a party; or
(b) a mortgage, statutory charge, easement or other right that is
binding on the mortgagee.
Law of Property Act 2000 66