What is a Base Rate?

 

The rate of interest set by the Bank of England and upon which most other interest rates are based. Mortgage lenders usually state their interest rates as x% above the base rate.

 

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What is an Abstract or Epitome of Title?

A summary or list of relevant title deeds proving the ownership history of a property,…

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What is a Deed of Postponement or Priority?

A document used to confirm that a lender agrees that their already-registered charge (mortgage) will be ranked…

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