Once the calling-up notice expires—and the debtor may dispense with the period of notice or agree for it to be shortened from two months to one month, or whatever—the heritable creditor, the lender, may proceed to sell the property under the statutory powers in the 1970 act, after due advertisement and after ensuring that the price that is achieved is the best that can reasonably be achieved, given the market conditions at the time.To achieve a sale, if the borrower, the house owner, is still in residence and there is no kind of rapprochement between the debtor and creditor whereby some accommodation is made for paying off the arrears—a de...