Rules UK Mortgage definition

UK Mortgage definition

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Rules

Many mutual organisations (including building societies) have a set of rules, which represent their internal constitution. The Rules set down conditions for meetings, election of officers and so on. Building society rules invariably have some provisions relating to mortgages.
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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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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