Section 17 Conveyancing and Law of Property Act 1881

Section 17 of the Conveyancing Act 1881 is about Restriction on consolidation of mortgages. It provides as follows:

(1.) A mortgagor seeking to redeem any one mortgage, shall, by virtue of this Act, be entitled to do so, without paying any money due under any separate mortgage made by him, or by any person through whom he claims, on property other than that comprised in the mortgage which he seeks to redeem.

(2.) This section applies only if and as far as a contrary intention is not expressed in the mortgage deeds or one of them.

(3.) This section applies only where the mortgages or one of them are or is made after the commencement of this Act.

See also  Section 27 Federal Competition and Consumer Protection Act 2018

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