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Law of Property Act 2000
81Amendment of mortgage
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81 Amendment of mortgage
(1) A mortgage evidenced by an instrument of mortgage may be
amended by a memorandum of amendment to:
(a) increase or reduce the rate of interest payable in respect of
the debt or obligation secured by the mortgage;
(b) increase or reduce the amount secured by the mortgage;
(c) shorten, extend or renew the term or currency of the
mortgage; or
(d) vary any condition, covenant or other provision of the
instrument of mortgage.
Law of Property Act 2000 50
(2) The power to amend a mortgage under this section is in addition to
any other power to amend a mortgage under a law in force in the