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Glossary of Mortgage & Repossession Terms - A

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Assignment

The term used when the ownership of a policy (for example, an Endowment or Personal Pension Plan) is legally transferred. In the case of mortgages, the ownership of a policy is usually transferred to a lender to ensure that the proceeds of the policy are used to redeem the loan.

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The overall cost for comparison is 7.9% APR. The actual rate will depend upon your circumstances. Ask for a personalised illustration. APR variable and based on a usual case. Our fee will depend on your circumstances, and indication is £1995. Evict Stop is a trading style of Nelson Finance Ltd (04483998), 96-98 Liverpool Rd, Kidsgrove, Stoke-on-Trent, Staffordshire, ST7 4EH. Calls to 0870 numbers are charged at national rates.