What is the ratio in Medforth v Blake?

A mortgagee in possession owes a duty to manage the mortgaged property with due diligence, going beyond the traditional duty to merely account for rents received.

What did the court decide in Medforth v Blake?

The Court of Appeal extended mortgagees' duties to include active management responsibilities when in possession of mortgaged property.

Why is Medforth v Blake important for mortgage law?

It significantly expanded mortgagee responsibilities from passive accounting to active management, providing greater protection for mortgagors.

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