6 Flashcards
1
Q
What feature of a mortgage can avoid the need for tacking?
A
Drawdown facility
2
Q
Which is the following would not be an acceptable component of a lenders mortgage exit administration fee in line with mcob rules?
A
Interest payments due up to the best mortgage anniversary
3
Q
What must a building society carry out when someone wants a further advance?
A
Assessment of the property value
