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单词 regulated mortgage contract
释义

regulated mortgage contract
A legal mortgage subject to regulation by the Financial Conduct Authority. These are first legal mortgages on land in the UK granted in respect of loans to individuals or trustees. At least 40% of the land must be used as a dwelling by the borrower, or the beneficiaries of a trust, or a relation of the borrower.

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更新时间:2024/10/27 5:37:49