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Best Price Endowment > FAQs > Why do we need?

Frequently Asked Questions


Why do we need 'Deeds of Discharge' or 'Letters Of No Further Interest'?

If the policy has been used as security for a loan or a mortgage then the legal process means that the buyer's solicitors will have to obtain confirmation that the loan has been repaid and the policy is unemcumbered. This this is evidenced by way of an original Deed of Discharge or a Letter of No Further Interest from the Lender.



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