understanding financial jargon
The point at which the mortgage is signed and executed and all its conditions come into effect is called Completion. In the sale and purchase of property, it is when the balance of the purchase price is paid by the purchaser to the seller and, in exchange the seller hands over the deeds.
What to do if you need more help
If you need more help with your specific commercial loan, mortgage or insurance requirement please speak to a professional financial adviser.
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