Loans against property have long been a well-known alternative to long-term loans (LAP). Lending a sizable sum of money to a bank or other lender and pledging your property is known as a loan against property, or LAP. You benefit ...
It can appear preferable to take out a secured loan, such as a loan against property. However, having an asset won’t guarantee you a severe sanction on reasonable terms. Your ability to repay a loan secured by property will also ...