Jargon
Don’t know your Abstract Title from your Deeds of Sale? Then use our jargon buster for a simple explanation of all the weird and wonderful phrases affecting your nest.
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- Mezzanine
- Intermediate floor usually in a multi-story building, which does not extend to the full floor area of the whole building.
- Mortgage
- An amount of money advanced by a lender such as a bank or building society on the security of a property and repayable over a long period.
- Mortgage deed
- A legal document relating to the mortgage lenders interest in the property and containing the terms of the mortgage.