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  2. UK mortgage terminology - Wikipedia

    en.wikipedia.org/wiki/UK_mortgage_terminology

    Sometimes the rate is stepped (e.g. 3% in year 1, 2% in year 2, 1% in year 3). Capped rate – a variable interest rate, but there is also a guarantee that the rate will not rise above a stated maximum. In order to provide this, the lender would probably need to purchase a derivative contract to protect itself against market interest rates ...

  3. Mortgage industry of the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Mortgage_industry_of_the...

    Sometimes the discount is expressed as a margin over the base rate (e.g. BoE base rate plus 0.5% for 2 years) and sometimes the rate is stepped (e.g. 3% in year 1, 2% in year 2, 1% in year three). A cashback mortgage; where a lump sum is provided (typically) as a percentage of the advance e.g. 5% of the loan. These rates are sometimes combined ...

  4. Mortgages in English law - Wikipedia

    en.wikipedia.org/wiki/Mortgages_in_English_law

    Mortgages over personal property are often referred to as 'chattel mortgages', [1] and mortgages over intangible rights are often expressed to operate by way of assignment. [2] Separate statutory regimes also exist in relation to mortgages of ships under the Merchant Shipping Act 1995 and mortgages of aircraft and related parts under the Cape ...

  5. Repayment mortgage - Wikipedia

    en.wikipedia.org/wiki/Repayment_mortgage

    A repayment mortgage is a term generally used in the UK to describe a mortgage in which the monthly repayments consist of repaying the capital amount borrowed as well as the accrued interest, so that the amount borrowed decreases throughout the term and by the end of the loan term has been fully repaid.

  6. Your mortgage statement explained - AOL

    www.aol.com/finance/mortgage-statement-explained...

    A mortgage statement is a document containing the latest details about your loan, including your monthly payment. The law requires your mortgage lender or servicer to send you statements for each ...

  7. File:A higher English grammar (IA higherenglishgra00bainrich).pdf

    en.wikipedia.org/wiki/File:A_higher_English...

    California Digital Library higherenglishgra00bainrich (User talk:Fæ/IA books#Fork20) (batch #56512) File usage No pages on the English Wikipedia use this file (pages on other projects are not listed).

  8. Drunk grandma stabs daughter, grandson during Thanksgiving ...

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    An angry, drunken grandma has been busted in Tennessee for allegedly stabbing her daughter and grandson with a kitchen knife during a Thanksgiving Day argument. Lachunda Johnson, 55, of Memphis ...

  9. Trump tariffs on Canada imports could bring sharply higher ...

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    The best books of 2024, according to Goodreads. See all deals. In Other News. Entertainment. Entertainment. Variety. Olivia Hussey, ‘Romeo and Juliet’ and ‘Black Christmas’ star, dies at 73.

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