Jurisdiction(s):
United Kingdom
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Key definition
Mortgagee definition

What does Mortgagee mean? In practice, the mortgagee is the secured lender (the chargee) in whose favour a mortgage or equivalent real security is granted to secure repayment of a loan or other obligations. The term is descriptive and widely used across real estate finance and secured lending; in England and Wales it appears in legislation (for example, the Law of Property Act 1925 treats a “mortgagee” as including a chargee), and it is also used in Irish legislation (including the Land and Conveyancing Law Reform Act 2009). Across England and Wales, Northern Ireland and Ireland, the mortgagee typically holds a legal charge over registered...

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Precedent contract for sale by mortgagee exercising power of sale (England and Wales): title, landlord consent, occupational leases, VAT, TUPE, overseas entity registration, environmental liabilities

Precedents
imgtext

date

[ date ]

Parties

  1. [ name of Seller, i.e. the Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its Registered office situated at ] [ address ] ( Seller )
  2. [ name of (first) Buyer ] [ and [ name of second Buyer ] both ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office situated at ] [ address ] ( [ together ] Buyer )

1 Definitions

In this Agreement, the following terms shall have these meanings:

  • Actual Completion Date – the day on which the Transfer is actually finalised;
  • Buyer’s Solicitors – [ name ] of [ address ] (reference: [ details ]);
  • [ Charge[ s ] – the charge[ s ] shown at entry [ number ] [ and [ number ] ] in the charges register of title number [ number ] as at [ date of Official copy entries ]; ]
  • [ Chattels – the items set out in Schedule 2; ]
  • [ Chattels Price – £[ amount in figures ] [ ([ amount in words ] pounds) ]; ]
  • Completion Date – [ date ]
...
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Web page updated on 22/05/2026

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