Secured loans (second charge mortgages) guide - Loans ...
Secured loans (second charge mortgages) guide
Category: Loans
Updated: 20/01/2017
First Published: 06/08/2013
A secured personal loan , also known as a second charge mortgage, allows you to borrow a lump sum of money which is secured against a property.
The property is secured by the lender by way of a 'second charge', which ranks behind your main mortgage (which is held on a 'first charge'...
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moneyfacts.co.uk
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Funding available for new build residential, or commercial projects and the redevelopment of existing property. Development loans are specialist facilities for short term lending, usually between 6 and 36...
Date: 2017-02-27 16:44:41
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Axis Bank - Wikipedia
History[ edit ]
UTI Bank opened its registered office in Ahmedabad and corporate office in Mumbai in December 1993. [8] The first branch was inaugurated on 2 April 1994 in Ahmedabad by Dr. Manmohan Singh , the Finance Minister of India. UTI Bank began its operations in 1993, after the Government of India allowed new private banks to be established. The Bank was promoted in 1993 jointly by the...
Date: 2017-02-27 16:00:49
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Loans are secured against a property or another asset
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Bank rate - Wikipedia
4 References
Determining the rate[ edit ]
The interest rate that is charged by a country's central or federal bank on loans and advances controls money supply in the economy and the banking sector. This is typically done on a quarterly basis to control inflation and to stabilize the country's exchange rates. A fluctuation in bank rates triggers a ripple-effect as it impacts every sphere of a...
Date: 2017-02-18 07:07:02
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