We can organise a home loan that is flexible enough to change with you.
A lease is a proprietary interest in land. Just like any other proprietary interest it may be used as security for a loan. The lease may have a clause requiring the lessee to obtain the lessor’s consent before giving a mortgage over the lease.
Hire purchase differs from a mortgage and similar forms of credit in that the buyer has the use of the goods but is not the legal owner during the term of the hire-purchase contract.
A commercial mortgage is a mortgage loan made using commercial real estate as collateral to secure repayment.