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Online Mortgage Data On UK Websites - What Are The Pros and Cons

This is a discussion on Online Mortgage Data On UK Websites - What Are The Pros and Cons within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Online Mortgage Data On UK Websites - What Are The Pros and Cons Posted By : Network Data When turbulent ...


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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 12-06-2008, 03:38 AM
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Online Mortgage Data On UK Websites - What Are The Pros and Cons Posted By : Network Data When turbulent times and market problems occur this can make owning property a costly and difficult thing. Juggling finance for couples, b.../b

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