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With second or other charge

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Data descriptor

of

With second or other charge

from

ASC Collections Data Dictionary (Beta v1.3)

Source

https://digital.nhs.uk/data-and-information/data-collections-and-data-sets/data-collections/social-care-collection-materials-2022

Second charge means that someone else (for example a mortgage company) has the first claim, and the council is entitled to the remaining proceeds following the settling of other debts against the security. Other security is an option to cover any other arrangement made regarding security.

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