Mortgages

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Leeds Building Society has said it will no longer lend to those buying second homes as doing so puts home ownership out of reach of first-time buyers. Leeds, which is one of the UK's 20 largest mortgage lenders, has surprised mortgage experts who said it was unusual for banks to be overtly public ab

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The Scottish Law Commission has today published a second discussion paper consulting on reform of the law of securities granted over land and buildings in Scotland. Heritable securities, often referred to as 'mortgages', are essential to the economy. Without them, many people could not afford to buy

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The Scottish Law Commission has today published a discussion paper seeking views on proposals for the reform of securities granted over land and buildings in Scotland. Standard securities are big business: 127,306 transactions were registered in Scotland in 2017/2018.

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