Property Finance and Refinancing
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What is Property Finance and Refinancing?
Property Finance involves the acquisition of funds for real estate transactions, allowing individuals and businesses to purchase or invest in properties. It covers various financial instruments such as mortgages, loans, and equity financing. Refinancing, on the other hand, refers to the process of replacing an existing loan with a new one, often with more favourable terms.
In the context of real estate, refinancing allows property owners to access better interest rates, extend loan terms, or release equity tied up in the property.
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