Water Authority Search Fee - Wraparound Mortgage

Water Authority Search Fee

A fee charged by a solicitor as part of his conveyancing work for checking the infrastructture of the local water system and sewerage.

Wraparound Mortgage

A loan to a buyer for the remaining balance on a seller's first mortgage and an additional amount requested by the seller. Payments on both loans are made to the lender who holds the wraparound loan.

Latest News

  • Choosing a mortgage is a very important decision to make and it is important that you think carefully about repayment methods, interest rates and your needs in general before opting for a mortgage. Some lenders may have mortgages on offer that have unique features or deals attached to them but its important that you don’t [...]
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  • Gordon Brown has today announced that Stamp duty is to be suspended for a year, on properties that cost up to £175,000 in a bid to boost the ailing housing market. The long-awaited freeze on the unpopular levy is to take place from Wednesday. It forms part of an emergency rescue package for hard-pressed home buyers and [...]
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