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Mortgage of Lease

Article contributed by Nigel Clayton – Kings Chambers   Dissolution of co-debtor and mortgagor – disclaimer of lease – entitlement of individual co-debtor to vesting order or subrogation    Case name, reference & Bailii link: Kensington Mortgage Company Ltd v The Mayor and Burgesses of the City of London  [2023] EWHC 121 (Ch)    Summary    The court determined some difficult questions concerning an individual co-debtors right to subrogation following the dissolution of his corporate co-debtor and mortgagor of leasehold…

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