At the end of section 75A of the Transfer of Land Act 1958 insert —
"(2) For the purposes of this section, the variation of a mortgage does not include the following—
(a) a transfer or assignment of a mortgage; or
(b) an alteration of—
(i) the length of the term of the mortgage; or
(ii) an area of mortgaged land; or
(iii) the parties to a mortgage.".