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Mortgage Glossary
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Bad Credit Mortgages
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Mortgage Glossary
Added to Loan
Additional Security Fee
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Agricultural Restriction
Annual Percentage Rate (APR)
Annuities
Apportionment
Arrangement Fee
Arrears
Authority to Inspect the Register
Base Rate
Beneficial Owner
Booking Fee
Bridging Loan
Building Societies Association - BSA
Building Society
Buildings Insurance – risks usually covered
Buildings Insurance - rebuilding cost
Calculating Rebuilding Cost
Capital and Interest Mortgage
Capped Rate Mortgages
Cash Back
Charge
Charge Certificate
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Completion
Conditional Insurances
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Contents Insurance – what’s usually covered
Contract Race
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Council of Mortgage Lenders (CML)
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Credit Reference Agency
Deed
Deferred Interest Mortgage
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Draw Down Facility
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Easement
Endowment Mortgage
Endowments – Consumer aspects
Equity (housing)
Essential Repairs
Exchange of Contracts
Exchange of Contracts (England and Wales only)
Existing Liabilities
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First Time Buyers
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Flying Freehold
Foreign Currency Mortgage
Form 53
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Further Advance
Gazumping
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Geographical Restrictions
Ground Rent
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Higher Early Repayment Charge
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Home Buyers Report
House price surveys
Income Multiples
Interest Only Mortgages
ISA Mortgage
Joint Tenants
Land Registry
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Landlord’s Reference
Large Town Allowance
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Libor-linked mortgage
Loan to Value (LTV)
Local Search
Low Start Mortgages
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Mortgage Protection Policy
Mortgage Term
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Negative Equity
NHBC Buildmark Warranty
Non-Status Mortgage
Overpayment
Pension Mortgage
Portable Mortgages
Principal
Private treaty
Re-mortgage
Redemption
Regional Lenders
Registered Title
Regulated Mortgage Contract
Rent-a-Room Scheme
Repayment Mortgages
Reservation Fee
Restrictive Covenant
Reversionary Home Income Plan
Searches
Second Mortgage
Self-Certification
Shared Equity
Shared Ownership
Stamp Duty (housing)
Structural Survey
Subject to Survey & Contract
Subsidence
Subsidence – warning signs
Subsidence – what surveyors look for?
Surveyor
Tax Free Cash Sum
Tenant
Tenants in Common
The Financial Ombudsmen
Title Deeds
Valuation (homebuying)
Variable Rate Mortgages
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