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Margaret demands Judges support those with mortgage difficulties

This is a discussion on Margaret demands Judges support those with mortgage difficulties within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Luton was the bmortgage/b misery capital of the country in the 90s under the Tories. The situation now and upcoming ...


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Mortgage Know-How A mortgage is the transfer of an interest in property (or the equivalent in law - a charge) to a lender as a security for a debt - usually a loan of money. While a mortgage in itself is not a debt, it is the lender's security for a debt. It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed. In other words, the mortgage is a security for the loan that the lender makes to the borrower.

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Old 10-30-2008, 03:03 PM
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Default Margaret demands Judges support those with mortgage difficulties

Luton was the bmortgage/b misery capital of the country in the 90s under the Tories. The situation now and upcoming is nowhere near as bad, but in a global downturn we all need to help ourselves and our communities as much as possible.” b.../b

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