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Cell Number. Nevertheless, in recent years fixing the rate of the mortgage for short periods has become popular and the initial two, three, five and, occasionally, ten years of a mortgage can be fixed.
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Because ownership changes twice in an Islamic mortgage, a stamp tax may be charged twice. Occupation Salaried Professional Businessman. A mortgage is a loan in which property or real estate is used as are also used to borrow cash from a bank for other projects using their house.
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