HC Deb 30 September 1915 vol 74 cc1022-3W
Sir CHIOZZA MONEY

asked the Attorney-General whether he can propose such an Amendment of the Courts (Emergency Powers) Act, 1914, as will, during the War, protect mortgagors from whom a higher rate of interest is demanded upon threat of foreclosure?

Sir E. CARSON

Under the Act referred to in the question, no right of foreclosure can be exercised without application to a Court which has absolute discretion to defer the operation of such right where the party liable is unable immediately to make payment by reason of circumstances attributable directly or indirectly to the present War. I do not think the legislation suggested is necessary.