Some mortgage lenders are refusing to accept a crucial part of the new Home Information Packs.
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Wednesday, August 22, 2007
Banks show Hips 'concern'
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A mortgage is a method of using property (real or personal) as security for the payment of a debt. The term mortgage (from Law French, lit. death vow) refers to the legal device used in securing the property, but it is also commonly used to refer to the debt secured by the mortgage, the mortgage loan.
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