A retention is a sum of money that a lender keeps back (retains) from a mortgage until certain improvements or repairs have been completed. The valuation report on the property would usually make recommendations for any work that must be done before the whole amount of the mortgage can be released.
UK Financials Ltd is not
a lender and do not lend any money. We provide lenders information only service to the consumer who are looking for a loan.
Think Carefully Before Securing Other Debts Against Your Home. Your Home May Be Repossessed if You Do Not Keep Up Repayments On A Mortgage Or Other Debt Secured On It.
