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Employer Lending Mortgage Deposit

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  • davidmcn
    davidmcn Posts: 23,596 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    ksjohnson wrote: »
    - Termination of employment notice by you be for no less than the term outstanding on your loan, and in any event no less than six months.
    - You must repay the loan in full once your employment with us ends, if it is you that has served notice.

    Surely the bit in bold is all they need? I wouldn't fancy signing up to a 2-3 year notice period!

    Are they planning to take a charge over your property? If so then even less need for them to get the money repaid immediately you leave employment.
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