All monies deed UK mortgage definition

UK Mortgage definition

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All monies deed

An All monies deed is a mortgage deed used by some lending institutions whereby the deed secures all borrowings by the customer, not just the amount borrowed by way of mortgage.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
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