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A remortgage (known as refinancing in the United States) is the process of paying off one mortgage with the proceeds from a new mortgage using the same property as security. [1] The term is mainly used commercially in the United Kingdom , though what it describes is not unique to any one country.
Images of the prime minister's official residence, The Lodge have not been blurred. However, images of its roof have been and the entrance to The Lodge is blurred in Google Street View. [6] The government of Malaysia has stated that it will not ask Google to censor sensitive areas because that would identify the locations it deemed to be ...
Mortgages in English law are a method of raising capital through a loan contract. Typically with a bank, the lender/mortgagee gives money to the borrower/mortgagor, who uses their property/land/home as security (essentially a reassurance) that they will repay the debt and any relevant interest.
The Melbourne-based company will assume Optima Legal's about 22% share of the United Kingdom's remortgage market and will get access to direct relationships with six of the country's top eight ...
A 'Regulated Mortgage Contract' is a loan on the security of a first legal mortgage on land in the United Kingdom of which at least 40% is used as or in connection with a dwelling by the borrower.
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The large repayment amount of a shared appreciation mortgage and the small share of the equity remaining mean that the borrower might not have sufficient money to be able to downsize to a smaller property. The borrower would have less money to pay care home fees, which would require the local authority to make a greater contribution to those fees.
The optical disc standard Blu-ray Disc can provide enough digital storage to store hours of HD video content. Digital Versatile Discs or DVDs (that hold 4.7 GB for a Single layer or 8.5 GB for a double layer), are not always up to the challenge of today's high-definition (HD) sets. Storing and playing HD movies requires a disc that holds more ...