Third , it places duties on mortgagees ( i.e. lenders , like banks ) on the price it achieves when selling property .
Second , English law defines and restricts the process for taking possession of property in the event of default .
Law places duties on mortgagees ( i.e. lenders , like banks ) on the price law achieves when selling property .
Second , English law defines and restricts the process for taking possession of property in the event of default .