Jurisdiction(s):
United Kingdom
Related legal acts

TR2: Transfer of Whole by Mortgagee under LPA 1925 Power of Sale - Precedent and HM Land Registry Drafting Notes (England and Wales)

Precedents
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Precedent transfer

An editable Word version of precedent form TR2 can be downloaded, stored or printed via this link: .

Drafting notes to precedent transfer

General

This precedent transfer is for use where the entirety of a registered or unregistered estate in land is conveyed by a mortgagee relying on the statutory power of sale under section 101 of the Law of Property Act 1925 (LPA 1925). The transfer is to be in HM Land Registry prescribed form TR2. If the disposition concerns part only of a registered title, form TP2 must be used.

Acting for a mortgagee on the exercise of their power of sale

A mortgagee proposing to use the power of sale must confirm that the power of sale:

  • exists
  • has arisen, and
  • is capable of being exercised

The mortgagee’s power of sale becomes exercisable where one of the conditions in LPA 1925, s 103 is satisfied...

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Web page updated on 22/05/2026

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