Puisne mortgage UK Mortgage definition

UK Mortgage definition

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Puisne mortgage

A legal mortgage not supported by the deposit of title deeds is called a Puisne mortgage (pronounced `puny' meaning 'of lesser status').
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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