To help you navigate through the sometimes confusing language of home finance we have translated, into plain English, some of the most common and often confusing terms you may come across!
- APRC
- Arrangement Fees
- Bank of England Base Rate
- Bridging Loan
- Buy To Let
- Capital and Interest
- Capital Repayment
- Commercial Mortgage
- Completion
- Conveyancing
- Deposit
- Disbursements
- Discount Rate
- Early Redemption Charge
- Equity
- Exchange of Contracts
- First Time Buyer
- First Time Buyer Mortgage
- Fixed Rate
- Freehold
- Gazumping
- Higher Lending Charge
- Interest Charges
- Interest Only
- Leasehold
- Legal Fees
- Mortgage
- Mortgage Rate
- Mortgagee
- Mortgagor
- Negative Equity
- Offer of Loan
- Re-mortgaging
- Right-to-Buy Mortgages
- Searches
- Self Build Scheme
- Stamp Duty
- Subject To Contract
- Survey
- Term
- Title
- Title Deeds
- Tracker Mortgage
- Transfer Deed
- Valuation
- Variable Rate