81Amendment of mortgage

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