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Legal mortgage charge

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Plain English definition

of

Legal mortgage charge

from

Think Local Act Personal (TLAP) Jargon Buster

Source

https://www.thinklocalactpersonal.org.uk/Browse/Informationandadvice/CareandSupportJargonBuster/#Legal%20mortgage%20charge

If you have a deferred payment agreement and the council is paying your care home fees until your home is sold, the 'legal mortgage charge' is the amount that must be repaid to the council when the sale takes place.

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