Mortgages Explained

'Mortgages Explained' is a resource provided by Mortgages4Mortgages.co.uk. Here you will be able to find explanations of the most common terms used within the mortgage industry.

0-9 | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

mortgage bullet0-9

  1. 100% Mortgage
  2. 2nd Mortgage

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mortgage bulletA

  1. Accident, Sickness & Unemployment Benefit [ASU]
  2. Accidental Damage
  3. Additional Borrowing
  4. Administration Fee
  5. Advance
  6. Adverse Credit
  7. Affordability Calculation
  8. Agricultural Restriction
  9. Amortization
  10. Annual Percentage Rate [APR]
  11. Applicant
  12. Application Process
  13. Arrangement Fee
  14. Arrears
  15. Assignment

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mortgage bulletB

  1. Bad Credit
  2. Bad Debt
  3. Bank
  4. Bank of England
  5. Bankruptcy
  6. Base Rate
  7. Base Rate Tracker
  8. Basic Income
  9. Booking Fee
  10. Broker
  11. Broker Fee
  12. Building & Contents Insurance
  13. Building Society
  14. Buildings Survey
  15. Buy To Let

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mortgage bulletC

  1. Cap & Collar Rate
  2. Capital
  3. Capital & Interest
  4. Capped Rate
  5. Cashback Mortgage
  6. CAT Standard
  7. Certificate of Mortgage Advice & Practice [CeMAP]
  8. CHAPS
  9. CHAPS Fee
  10. Credit Rating
  11. Collar Rate
  12. Commercial Mortgage
  13. Commission
  14. Completion
  15. Completion Fee
  16. Compulsory Insurance
  17. Conditional Insurance
  18. Contents Insurance
  19. Conveyancing
  20. County Court Judgement [CCJ]
  21. Credit Check
  22. Credit Reference Agency [CRA]
  23. Credit Report
  24. Credit Search
  25. Current Account Mortgage

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mortgage bulletD

  1. Debt
  2. Debt Consolidation
  3. Decision in Principle
  4. Deeds
  5. Default
  6. Deposit
  7. Development
  8. Disbursements
  9. Discounted Rate Mortgage
  10. Draw Down

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mortgage bulletE

  1. Early Redemption Charge
  2. Early Repayment
  3. Employed
  4. Endowment
  5. Equifax
  6. Equity
  7. Estate Agent Fee
  8. Exchange of Contracts
  9. Existing Liabilities
  10. Experian

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mortgage bulletF

  1. Financial Ombudsman Service [FOS]
  2. Financial Services and Markets Act 2000
  3. Financial Services Authority [FSA]
  4. First Charge
  5. First Time Buyer
  6. First Time Buyer Advice
  7. Fixed Rate Mortgage
  8. Fixtures
  9. Flexible Mortgage
  10. Foreign Currency Mortgage
  11. Freehold Property
  12. Full Status
  13. Full Structural Survey
  14. Further Advance

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mortgage bulletG

  1. Gross Income
  2. Ground Rent
  3. Guarantor

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mortgage bulletH

  1. Higher Lending Charge
  2. Home Information Pack / Home Buyer's Report
  3. House Insurance

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mortgage bulletI

  1. Illustration
  2. Impaired Credit
  3. Income
  4. Income Multiple
  5. Income Reference
  6. Independant Financial Adviser [IFA]
  7. Index Tracker
  8. Individual Savings Account [ISA] Mortgage
  9. Initial Disclosure Document [IDD]
  10. Insurance
  11. Interest
  12. Interest Rate
  13. Interest Only
  14. Investment Home Loan [IHL]

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mortgage bulletJ

  1. Joint Mortgage

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mortgage bulletK

  1. Key Facts Illustration [KFI]
  2. Keyworkers Scheme

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mortgage bulletL

  1. Land Registry Fee
  2. Land Tenure
  3. Landlord's Reference
  4. Leasehold Property
  5. Legal Charge
  6. Legal Fee
  7. Lender's Fee
  8. LIBOR
  9. Life Insurance
  10. Lifetime Mortgage
  11. Loan to Value [LTV]

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mortgage bulletM

  1. Mortgage
  2. Mortgage Indemnity Guarantee [MIG] Fee
  3. Mortgage Calculator
  4. Mortgage Code, The
  5. Mortgage Deed
  6. Mortgage in Principle
  7. Mortgage Offer
  8. Moving Home

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mortgage bulletN

  1. Negative Equity
  2. New Build
  3. Non Status

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mortgage bulletO

  1. Offer Letter
  2. Offset Mortgage
  3. Other Expense
  4. Other Income
  5. Overpayments

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mortgage bulletP

  1. Part & Part
  2. Payment Holiday
  3. Payment Protection
  4. Penalties
  5. Pension Mortgage
  6. Personal Secured Loan
  7. Portability
  8. Porting Fee
  9. Previous Lender's Reference
  10. Principal
  11. Purchase

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mortgage bulletQ

  1. Quantity Surveyor [QS]
  2. Quotation

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mortgage bulletR

  1. Rate
  2. Redemption Amount
  3. Redemption Charge
  4. Redraw
  5. Remortgage
  6. Repayment Type
  7. Retention
  8. Retired
  9. Right to Buy

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mortgage bulletS

  1. Secured Loan
  2. Security
  3. Self Build Mortgage
  4. Self Certification
  5. Self Employed
  6. Settlement
  7. Shared Ownership
  8. Stamp Duty
  9. Standard Construction
  10. Standard Variable Rate
  11. Stepped Rate Mortgage
  12. Structural Survey
  13. Survey Fee
  14. Surveyor

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mortgage bulletT

  1. Tenure
  2. Term
  3. Tie-in Period
  4. Tied Adviser
  5. Tracker Rate

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mortgage bulletU

  1. Underpayment
  2. Unemployed
  3. Unencumbered Property

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mortgage bulletV

  1. Valuation
  2. Valuation Fee
  3. Valuation Report
  4. Variable Rate Mortgage
  5. Vendor

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mortgage bulletW

  1. -

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mortgage bulletX

  1. -

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mortgage bulletY

  1. -

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mortgage bulletZ

  1. -

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