Independent Financial Advisor.
Court order that forbids a party to do something (prohibitory injunction) or compels him to do something (mandatory injunction). It may be enforced by committal to prison for contempt.
An interest only mortgage stays the same throughout the mortgage term. When choosing an
interest only mortgage, the purchaser is responsible for ensuring that they have sufficient funds available to repay the mortgage at the end of the term.
Requires competing buyers to submit their best bids by a specific time and date. It is not a legally binding contract.
Person not able to pay his debts as they become due. Insolvency is a prerequisite for bankruptcy.
An injunction which lasts only until the end of the trial during which the order was sought, when it may be replaced by a permanent injunction.
Person who dies without having made a will.
A list describing the condition of furnishings and the contents of a leased property at the start and end of a tenancy, in order that any dilapidations during the tenancy can then be identified.