Credits and mortgages – Practice 2
Fill in the gaps with the appropriate word or phrase in the correct form.
- The main cost of purchasing a property is not the legal fees but all the d associated with the purchase, such as searches, land registration fee and stamp duty land tax.
- Although last year we inherited a large amount of money, we still decided not to pay back the whole mortgage before 2010 to avoid the early penalty.
- The previous owners of the house had fallen behind in their mortgage payments and the bank on it and is now looking for a new buyer.
- Getting paid is very important and we have an employee whose job is to chase our i.e. people who owe us money.
- We offered the business a 10% share in the profits and a seat on the board of directors.
- He was offered a rate of 7.5 percent that soon became eight percent in one year.
- The major advantage of mortgages is that they present predictable housing costs for the life of the loan.
- The Sotheby's loan was on Van Gogh's „Irises“. When Bond's financial empire collapsed, Sotheby's was forced to sell the painting at a loss.
- I'll probably never see the money I lent to my brother, so I guess I'll write it. .
- A loan who preyed on the sick and poor, charging interest rates of up to 8,000 per cent, has been jailed in the first case of its kind.