0 a person or organization that borrows money from a bank in order to buy a house or other property:
This can be readily taken to suggest that mortgagor were much more anxious to borrow a higher proportion of their estate's value over time.
Whatever their motivation for mortgaging, a majority of mortgagors were able to retrieve the situation and satisfy their mortgagee.
It is not clear that in either case the mortgagee would put the mortgagor under any pressure to repay the mortgage.
This would imply about 600,000 mortgagors receiving £450 million mortgage interest relief in 1989–90.
In 1977, 21,470 court orders for the possession of residential premises were granted against defaulting mortgagors, service licensees and persons forfeiting their leases.
Along comes the war, and the mortgagor finds himself in a terribly difficult position.
Another question dealt with the possibility of amelioration of restrictions on council housing tenants and mortgagors to take lodgers.
I cannot find any clear and absolute principle to guide me so as to evaluate the benefits of mortgagor and mortgagee.
