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MIG

See Indemnity Bond.

Mortgage Protection

This is an insurance policy that will cover the repayments on the loan in the event of death, an accident and could include serious illness. By law a mortgage protection insurance policy must be in place to draw down a mortgage.

Mortgage Interest Relief

This is tax relief that you can claim on mortgage interest payments (also known as TRS – tax relief at source).


WARNING: YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE OR ANY LOANS SECURED ON IT.