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Finance Archives - Convey Connect

What is a mortgage?

What is a mortgage? – The  Basics If you enter into a loan contract with a bank or other financial institution to purchase a house or unit, it is almost always the case that the lender will require your property as security for your repayment of the loan.  The document which formalises the security is Read more…

How much is the deposit for a house?

For many people, the biggest question when purchasing property is – How much is the deposit for a house? One of the first hurdles to overcome when purchasing a property is putting together a deposit. Generally, under a contract for sale to purchase a property, purchasers are required to pay a 10% deposit. The 10% Read more…
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