A legal charge executed against a property equating to the value of the Lenders Loan. This Lender has priority over all other Lenders that may secure a Loan against the same asset. Also known as the Senior Loan.
A legal charge executed against a property equating to the value of the Lenders Loan. This Lender has priority over all other Lenders that may secure a Loan against the same asset. Also known as the Senior Loan.