Convertible mortgages
Language: English Series: Journal of Property Finance ; 1(2) Autumn 1990, 307-310(4)Publication details: 1990Subject(s): Summary: The rapid increase in interest rates together with the more difficult investment market over the last year has caused property owners and banks in the UK to consider the possibility of refinancing properties with loans giving the lender the right to acquire an interest in the mortgaged property , convertible mortgages . This article looks at their advantages and disadvantages and the legal and taxation issued involved.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS43509 (Browse shelf(Opens below)) | 1 | Available | 42130-1001 |
The rapid increase in interest rates together with the more difficult investment market over the last year has caused property owners and banks in the UK to consider the possibility of refinancing properties with loans giving the lender the right to acquire an interest in the mortgaged property , convertible mortgages . This article looks at their advantages and disadvantages and the legal and taxation issued involved.