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mortgage
(redirected from 100% mortgage)

    Also found in: Dictionary/thesaurus, Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.
mortgage,
n a right given to the creditor over the property of the debtor for the security of the debt; invests the creditor with the power to have the property seized and sold in default of payment.
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Around 6% of first-time buyers are banking on 100% mortgage deals returning to the market.
Buyers borrow to raise deposit by The Journal (Newcastle, England)
Problems in the housing market have also highlighted the risks of borrowing a high proportion of their property's value, with 77% saying they thought 100% mortgages should be banned.
A third worry over homes by Daily Post (Liverpool, England)
Byline: HENRYK ZIENTEK GORDON Brown is calling for a return to "traditional" banking methods in Britain, as well as new curbs on 100% mortgages.
PM Brown calling for 'traditional' banking by Huddersfield Daily Examiner (Huddersfield, England)
 
 
 
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