specified life events
- 133(a) the death of the customer; or
- (b) the customer leaves the mortgaged land to live elsewhere and has no reasonable prospect of returning (for example, by moving into residential care); or
- (c) the customer acquires another dwelling for use as his main residence; or
- (d) the customer sells the mortgaged land; or
- (e) the lender exercises its legal right to take possession of the mortgaged land under the terms of the contract.