(n.) A conveyance of property, upon condition, as security for the payment of a debt or the preformance of a duty, and to become void upon payment or performance according to the stipulated terms; also, the written instrument by which the conveyance is made.
(n.) State of being pledged; as, lands given in mortgage.
(v. t.) To grant or convey, as property, for the security of a debt, or other engagement, upon a condition that if the debt or engagement shall be discharged according to the contract, the conveyance shall be void, otherwise to become absolute, subject, however, to the right of redemption.
(v. t.) Hence: To pledge, either literally or figuratively; to make subject to a claim or obligation.
Example Sentences:
(1) • This article was amended on 1 September 2014 because an earlier version described Platinum Property Partners as a buy-to-let mortgage lender.
(2) Gross mortgage lending stood at £7.9bn in April compared with £8.7bn in March and a six-month average of £9.9bn.
(3) "We have concerns that a potential buyer looking at a property may not value the improvements carried out under Green Deal and may not want to pay for them," a mortgage industry source told the Observer .
(4) The Guardian has a mortgage advice service, provided by London & Country
(5) Santander's new mortgage range complements this, putting our relationship with our customers at the heart of our business and ensuring they get the right mortgage for them – one they can afford and which meets their needs."
(6) To comply with these rules, interest is not paid on Islamic savings or current accounts, or charged on Islamic mortgages.
(7) The BBA statistics director, David Dooks, said: "It was no surprise to see the January mortgage figures falling back from December, when transactions were being pushed through to beat the end of stamp duty relief.
(8) The City watchdog said call handlers at Yorkshire, the UK’s second-biggest building society after Nationwide, failed to deal properly with customers who contacted the society about problems paying their mortgage.
(9) One mortgage payer, writing on the MoneySavingExpert forum, said: "They are asking for an extra £200 per month for the remaining nine years of our mortgage.
(10) "Getting a 95% loan to value mortgage lets you speculate on the expected house price increases a lot more than a 75% mortgage," he said.
(11) Childcare carves out a hefty third of household income for one in three families, overshadowing mortgage repayments as the biggest family expenditure .
(12) It’s been widely reported that black people are disproportionately harmed by the mortgage market.
(13) Would I be stupid not to wait another six months or so, to get a 90% mortgage given the cons of Help to Buy?
(14) Data from a sample of completed property sales provided by mortgage lenders, representing about 65%-70% of homes bought with mortgages.
(15) Alternatively, if your mortgage has been going for a few years – and so a reasonable amount of capital has been repaid, you may be able to borrow back up to the value of the original mortgage.
(16) As part of the plan, the treasury and the Federal Deposit Insurance Corporation will guarantee against the "possibility of unusually large losses" on up to $306bn of risky loans and securities backed by commercial and residential mortgages.
(17) Mortgage lenders are failing to follow rules designed to help people avoid repossession, according to a damning report published today.
(18) The main plans include: • a scheme to help buyers secure mortgages of up to 95% loan-to-value.
(19) If Thatcher's government is in part to blame, then Bill Clinton's is even more so; driven by a desire to let every American own their own home, it was Clinton's decision to create the ill-fated sub-prime mortgage system .
(20) For those who can't stump up more than 5% of the agreed price, he suggests guarantor mortgages, such as that offered by Lloyds TSB.
Rent
Definition:
(imp. & p. p.) of Rend
(v. i.) To rant.
() imp. & p. p. of Rend.
(n.) An opening made by rending; a break or breach made by force; a tear.
(n.) Figuratively, a schism; a rupture of harmony; a separation; as, a rent in the church.
(v. t.) To tear. See Rend.
(n.) Income; revenue. See Catel.
(n.) Pay; reward; share; toll.
(n.) A certain periodical profit, whether in money, provisions, chattels, or labor, issuing out of lands and tenements in payment for the use; commonly, a certain pecuniary sum agreed upon between a tenant and his landlord, paid at fixed intervals by the lessee to the lessor, for the use of land or its appendages; as, rent for a farm, a house, a park, etc.
(n.) To grant the possession and enjoyment of, for a rent; to lease; as, the owwner of an estate or house rents it.
(n.) To take and hold under an agreement to pay rent; as, the tennant rents an estate of the owner.
(v. i.) To be leased, or let for rent; as, an estate rents for five hundred dollars a year.
Example Sentences:
(1) Smith manages to get a suspended possession order, postponing eviction, provided Evans (who has a new job) pays her rent on time and pays back her arrears at a rate of £5 a week.
(2) In Colchester, David Sherwood of Fenn Wright reported: "High tenant demand but increasingly tenants in rent arrears as the recession bites."
(3) Andrew and his wife Amy belong to Generation Rent, an army of millions, all locked out of home ownership in Britain.
(4) Education is becoming unaffordable because of tuition fees and rent.
(5) Others seek shelter wherever they can – on rented farmland, and in empty houses and disused garages.
(6) Lucy Morton, a senior partner at WA Ellis in Knightsbridge, says most foreign students want one-bed flats at up to £1,000 a week and they often pay the whole year's rent up front.
(7) Saving for a deposit is near impossible while paying extortionate rents for barely habitable flatshares.
(8) The councillors, including Philip Glanville, Hackney’s cabinet member for housing, said they had previously urged Benyon and Westbrook not to increase rents on the estate to market values, which in some cases would lead to a rise from about £600 a month to nearer £2,400, calling such a move unacceptable.
(9) A separate DWP-commissioned report, by the Institute of Fiscal Studies , on the impact of housing benefit caps for private sector tenants was welcomed by ministers as a sign that fears that the reform would lead to mass migration out of high-rent areas like London were unfounded.
(10) Karzai had come under criticism in the past from Afghans for renting the property to international officials.
(11) We’ve identified private accommodation that can be used to house refugees; we’ve set aside rented accommodation, university flats and unoccupied housing association homes for use by refugees.
(12) It said a government investment of £12bn could build 600,000 shared ownership homes, enough to give almost half of England's private renting families the opportunity to buy.
(13) In Palo Alto, there are the people who do really well here, and everyone else is struggling to make ends meet,” said Vatche Bezdikian, an anesthesiologist on his way to lunch on University Avenue, the main street, where Facebook first rented office space.
(14) To some extent, housing associations have taken their place, but affordable, social rented homes have been sold off more quickly than they have been replaced.
(15) Some social landlords are refusing to rent properties to tenants who would be faced with the bedroom tax if they were to take up a larger home, even when tenants provide assurances they can afford the shortfall.
(16) Their task was to reduce the size of the properties and change the tenure mix from private rented to shared ownership or open market housing.
(17) Vulnerability: For an average social landlord with general needs housing about 40% of the rent roll is tenant payment (the remainder being paid direct by housing benefit).
(18) The average rents in social housing meanwhile increased by 6.1% from £88.90 to £94.30 a week.
(19) The scheme, which will be completed in 2016-17, comprises 491 homes for social rent and 300 for private sale.
(20) She warned that housing benefit caps would make moving to the private rented sector increasingly difficult for those on low incomes, and complained that homes were now allowed to stand empty in London and elsewhere because they had been sold abroad as financial assets.