Unencumbered
The term unencumbered refers to a property free of any encumbrances, such as mortgages, loans or liens.
Typically on unencumbered property, https://www.finbri.co.uk/bridging-loanhttps://www.finbri.co.uk/bridging-loan lenders can place a 1st charge on residential property as there are no other charges placed against it.
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