When is the deadline for action to recover money secured by a mortgage or charge?
The catalogue records a 144 months period from Date when the right to receive the money accrued. This draft page remains free only until its source, worked example and limits are reviewed.
In preparation
The existing catalogue does not yet have a registered adapter or source evidence for this exact question. It remains available as a public preparation page only.
Example pending review
A separately reviewed fixture is required before this question can become indexable. The page does not present an unreviewed output as an example.
Calculation basis and source
- Period
- 144 months
- Trigger
- Date when the right to receive the money accrued
- Counting
- The encoded calculator method must be independently documented before publication.
- Rollovers and holidays
- Holiday, closure and order treatment must be independently documented before publication.
This route remains in preparation until a pinpoint official source is recorded.
- Arrears of interest on a sum secured by a mortgage or charge carry a separate 6-year bar from the date the interest became due: section 21(6). This section does not apply to any mortgage or charge on a ship: section 21(8).