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MRT 2 · Additional Mortgage Borrowing
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Additional Mortgage Borrowing
What a further advance is, when it is regulated, and how it differs from remortgaging.
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Key points
Question 3
Which term matches: "affordability assessed on current income; property revalued"
Question 4
What does "Can be used for" mean?
Question 5
Match each term in "Key points" to its meaning
Tap a term, then tap its matching definition.
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What the exam tests
What a further advance is, when it is regulated, and how it differs from remortgaging.
Question 7
True or false?
What a further advance is, when it is regulated, and how it differs from remortgaging