The Land Compensation (Additional Compensation) (England) Regulations 2024
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Change 1
10 Additional procedure relating to mortgaged land
(1) Where the conditions in paragraph (3) apply the claim for additional compensation must also include— (a) the name and address of the mortgagee, (b) where the claimant is the mortgagee, a statement to this effect, (c) the mortgagee’s reference or roll number, and (d) a statement of the approximate amount of the mortgage debt remaining to be paid to the mortgagee as at the date the claim is sent to the acquiring authority. (2) If there is more than one mortgage, the requirements in paragraph (1) must be set out separately for each mortgage to the extent that they apply. (3) The conditions referred to in paragraph (1) are that— (a) the claimant’s land was subject to a mortgage directly before it was acquired by the acquiring authority through the original compulsory purchase order, and (b) any amount of the mortgage debt remains to be paid as at the date the claim is sent to the acquiring authority (“the unpaid amount”).
10 Additional procedure relating to mortgaged land
(1) Where the conditions in paragraph (3) apply the claim for additional compensation must also include— (a) the name and address of the mortgagee, (b) where the claimant is the mortgagee, a statement to this effect, (c) the mortgagee’s reference or roll number, and (d) a statement of the approximate amount of the mortgage debt remaining to be paid to the mortgagee as at the date the claim is sent to the acquiring authority. (2) If there is more than one mortgage, the requirements in paragraph (1) must be set out separately for each mortgage to the extent that they apply. (3) The conditions referred to in paragraph (1) are that— (a) the claimant’s land was subject to a mortgage directly before it was acquired by the acquiring authority through the original compulsory purchase order, and (b) any amount of the mortgage debt remains to be paid as at the date the claim is sent to the acquiring authority (“the unpaid amount”).
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