Mortgages - Land Law Flowchart Master mortgages with ease with this flowchart that breaks down mortgages step-by-step in English & Welsh land law. From how a mortgage is created under the Law of Property Act (LPA) 1925, different types of legal mortgages and the differences in mortgages for registered and unregistered land. 📥 Instant Download – Delivered as a high-quality PDF. Key Topics Covered: Types of Mortgages:- Leasehold Mortgage: A sub-lease just short of the original lease term. Charge by Deed (Legal Mortgage): The most common form today—especially post Land Registration Act 2002—applicable to both freehold and leasehold estates. Registered vs. Unregistered Land Registered land: Mortgages must be registered under s27 LRA 2002 to bind buyers. Unregistered land: First legal mortgage triggers compulsory registration. Mortgagee Rights & Remedies Including possession, appointing a receiver, power of sale, sueing for debt and foreclosure. Responsibilities when selling. Priority rules for mortgages. Human Rights Considerations Article 8 (right to home) and Article 1 (property) are often overridden if borrower defaults (Horsham Properties v Clark).
