The applicants, co-owners of a property, brought an application to discharge a 1961 mortgage registered against the property.
The original mortgagees could not be located despite extensive searches.
The court was satisfied that the mortgage had likely been paid in full and that there was no reasonable prospect of obtaining a discharge from the mortgagees.
The court ordered the mortgage discharged pursuant to section 12(8) of the Mortgages Act.
