Pawnshops are characterized for their simple procedures, fast speed, low thresholds, flexible deadlines for redemption and a wide range of mortgage items.

从典当行业固有的经营特点看，具有信贷手续简单、速度快、门槛低、当期灵活、质押范围广泛等特征。

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If they want to switch to a better mortgage they may have to pay a "redemption penalty" amounting to thousands of pounds.

BBC: News | BUSINESS | Q&A: Are mortgages a rip-off?