Administration and Probate Act 1935

In dealing with the real and personal estate of the deceased, his personal representatives shall, for the purposes of administration, and until the period of distribution arrives, have – the same powers and discretions, including power to raise money by mortgage or charge, whether or not by deposit of documents, as a personal representative had before the commencement of this Act with respect to personal estate vested in him; and all the powers, discretions, and duties conferred or imposed by law on trustees for sale, and so that every contract entered into by a personal representative shall be binding on and be enforceable against and by the personal representative for the time being of the deceased, and may be carried into effect, or be varied or rescinded, by him; and, in the case of a contract entered into by his predecessor, as if it had been entered into by himself.

Nothing in this section shall affect the right of any person to require an assent or conveyance to be made.

This section applies whether the deceased died before or after the commencement of this Act.