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The Mortgage Route A to Z
Redemption

This glossary or A to Z should help clear up any confusion as to what terms mean what in the mortgage and insurance industry

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Letter R

Redemption

The paying off of a mortgage in full, either as a result of re-mortgaging, just moving home or repaying the debt at the end of its natural term as laid down in the mortgage deed.

FSA declaration and important text about mortgage advice