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Portable Mortgages


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Portable Mortgages. This is an important area for borrowers to be aware of. It describes the facility to move a particular type of mortgage from one property to another if a property move is required. This would be important if a capped, cash back, discounted or fixed product has been used by a borrower and early redemption fees would be incurred if the mortgage was not portable.

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Last Updated: January 2008 © Moneyextra.com

 

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