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o Mortgagee is not liable to pay more than the debt owed to him, if
the property is valued more.
o Mortgagor can request sale of property instead (s91 (2) LPA
1925)
o Palk v Mortgage Service Funding plc [1993] - sale is appropriate
where the outcome suits the mortgagor
o Another reason why this is unpopular is because the courts can
go back and make an order to reopen the property (Campbell v
Holyland (1877))
3) Possession
leads
to this