US EditionMortgagee’s power of sale: Courts reaffirm lenders’ discretion despite borrower objections - Ashtons Legal
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Mortgagee’s power of sale: Courts reaffirm lenders’ discretion despite borrower objections - Ashtons Legal
The recent case of Fairmont Property Developers UK v Venus Bridging Ltd and others [2025] 2 WLUK 453 has highlighted the wide scope of a lender’s power of sale and the courts’ reluctance to interfere, even when a borrower claims the property is being sold at undervalue. A borrower’s attempt to halt sale The Fairmont case involved a borrower in default seeking to stop the mortgage company’s sale of the secured property. The borrower argued that t…
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