an overdraft-like facility) secured against 10 previously unmortgaged
ships at an interest cost of London Inter-Bank Offered Rate plus 1.35 percent.
"But if a property is unmortgaged
, vacant at the time of possession, high value and the seller is living abroad and wants a speedy completion, these are all red flags and should require due diligence."
The many elderly city residents who are living in unmortgaged
residences pay property taxes that represent a significant portion of their incomes; that is especially true for individuals whose incomes are limited to Social Security benefits.
Prosecutor Frances Willmott said that a bid would be made to recover the overpayment, probably through the sale of his unmortgaged
house, which has been valued at PS78,000.
A Stamp duty land tax is not payable on gifts of unmortgaged
Funding for a legal challenge was refused partly on the basis that one of the bereaved had an unmortgaged
property which could go towards the costs.
But for the many households with little or no initial debt, the collateral effects will also have been small (since they already had substantial equity before the boom, or will have been accumulating financial assets in addition to an unmortgaged
The son of two nurses, he left school at 16 to work in greyhound racing kennels, eschewing conventional employment, rapidly developing a distaste for the notions of mortgages, pensions and the other burdens of normal society, honing a bold, rollercoaster approach to finance that would lead him, via any amount of trouble, to the impressive (unmortgaged
) mansion near Bath that he shares with his other half, Kay, and their two daughters.
To be eligible for an elected position, an inmate must have lived in the prison for more than six months, have an unmortgaged
cell, and have no outstanding debt (Young and McFadden 2003, 279).
Research by Aviva, shows over-55s in Newcastle have pounds 5bn worth of unmortgaged
equity tied up in their homes.
Such a figure would represent more than 12% of the total number of US households - mortgaged and unmortgaged
- at an average house valuation of pounds 200,000.