Business Terms and Jargon Explained

What is Remortgage

This is where a property, which has already been mortgaged, takes out another mortgage on top of the original mortgage either to raise funds or to pay off the first mortgage as the second one has a better rate of interest.

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Lawyer Ringgit Market equilibrium
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Subpoena Id est (i.e.) Negative equity
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Term created / updated 2005-07-16 23:12:15

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