Critically analyse the above quotation in the context of the mortgagor and mortgagee’s rights and remedies and how these have been interpreted and applied since the decision in 1993.

A mortgagee is entitled as of right to a judgment for whatever sum of money is due and payable under the terms of the mortgage. He is entitled to exercise all his remedies concurrently and cannot, in respect of the money claim, be in a worse position than if he had lent unsecured. If default on an instalment mortgage has resulted in the whole advance becoming immediately repayable, then that is the amount for which he is entitled to judgment. This does not mean, however, that he is entitled

Lord Justice Hoffmann Cheltenham and Gloucester Building Society v Grattidge [1993] 25 H.L.R. 454

Critically analyse the above quotation in the context of the mortgagor and mortgagee’s rights and
remedies and how these have been interpreted and applied since the decision in 1993.