Courtesy of Alexandra Evans-Munoz from The Mortgage Centre.
What Kind of Mortgage Do You Have?
There are two ways in which a lender registers a mortgage loan when your home is used as the security: as a mortgage charge or as collateral charge. Mortgage charges are registered at the Land Registry Office, can be registered, transferred or discharged. This means that if you want to transfer your mortgage to another lender at renewal, you can do so and the ...Continue Reading ?