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Mortgage

Mortgage

1. What is a Mortgage?

1) Introducing

The mortgage is a contract between lender and borrower to assure the borrower will repay the debt, otherwise he will lose the property pledged. On mortgaging a property, the loan is secured on the property.

2) The mortgage Interest rates

3) Costs and legal fees

If you intend to mortgage a second hand property, be aware that you should face costs as follows:

 

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