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Definitions (37)
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land registry
the central body holding the register of title to land in England and Wales and records dealings (for example, sales and mortgages) with registered land. Leasehold
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4.6 out of 5
by 6,317 reviewers
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advance
– the sum of money you borrow from your mortgage lender. Annual Percentage Rate (APR)
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b
Bank of England Base Rate
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buildings insurance
– this is the insurance needed for the fabric of your property, against fire, theft and flood. Your mortgage normally requires this insurance. However, it is usually covered by the freeholder if you [..]
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complete
the end of the process of buying and/or selling a property. Once you have ‘completed’ the transaction has ended. Conservation Area
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conveyancing
the legal process for the transferral of ownership of real property. Council Tax Band
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deeds
Also referred to as ‘Title Deeds’. Title deeds are documents showing ownership, as well as rights, obligations, or mortgages on the property. Since around 2000, compulsory registration in England and [..]
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