Explanation of Benefits Most of us have seen an explanation of benefits or EOB, but what does it mean? After you've visited a doctor, clinic, or hospital, an EOB from the insurance administrator tells you and your provider what portion of the provider's charges are eligible for benefits under your insurance plan.
Yes, this is normal. A standard security deposit is generally two months' rent, which is requested for a tenant perceived as a strong tenant with a low risk of default. A tenant is considered strong when it is a well-established company (at least 10 years in business), is stable and has a healthy balance sheet.
Most lenders insist on a deposit of at least 10% of the propertyâs value. Nationwide is a rare exception, although eligibility is complicated. The building society has a scheme called Save To Buy where you must save every month for six months in order to qualify for a mortgage with only a 5% deposit.efore the credit crunch in 2007, banks would regularly hand out mortgages to people with no savings. These loans were worth 100% or more of a propertyâs value. Then the recession hit, mortgage funding dried up and house prices fell, leaving thousands of people owing more to the bank than their house was worth.