Jump to content

Talk:Law of Property Act 1925

Page contents not supported in other languages.
From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by 82.152.255.233 (talk) at 12:25, 25 January 2009 (←Created page with 'Hi Many buy to let and commercial mortgages are written under Law of Property Act 1925 (LPA) legislation. As a debt adviser I have encountered situations where pe...'). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

(diff) ← Previous revision | Latest revision (diff) | Newer revision → (diff)

Hi

Many buy to let and commercial mortgages are written under Law of Property Act 1925 (LPA) legislation.

As a debt adviser I have encountered situations where people can lose their homes without a court process as a result of the mortgage on the property they occupy being LPA rather than Administration of Justice Act 1970(AJA)where repossession can only take place after a court hearing.

The position seems anomalous. In the case of a commercial lease, I understand that repossession of the premises that are used by the lessee as a residence as well for business (e.g. a pub) must include a court hearing.

My own view is that legislation is required to ensure that repossession of owner occupied premises must include a court hearing, even where the mortgage is LPA.

Does anyone have any views on this?

Jim

82.152.255.233 (talk) 12:25, 25 January 2009 (UTC)[reply]

Retrieved from "https://en.wikipedia.org/enwiki/w/index.php?title=Talk:Law_of_Property_Act_1925&oldid=266301100"