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Loan made to help the buyer with the purchase price, secured on the property.


Mortgage advance  


The monies paid by the lender to the solicitor at completion to enable the house to be bought. This need not be the same as the actual sum the buyer receives as lenders often make deductions from it.


Official copy entries  


Certified copies of the Land Registry's entries for the property at a given date. They confirm a seller's ownership and what rights restrictions and obligations affect the property and the seller's ability to sell it.


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Glossary Of Property Terms by Fairbrother & Darlow Solicito keys Speech blue large Pencil black small

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Property / Glossary Of Terms