Puisne mortgage

Updated: Aug 20, 2021

A legal mortgage without the deposit of title deeds. It is registerable at the Land Charges Registry. If there are other mortgages, priority will be given to those first registered.

Reference: The Penguin Business Dictionary, 3rd edt.

Sources & references
Risk disclaimer
James Knight
Editor of Education
James is a lead content editor for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and the… read more.