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Jargon Buster

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!

  • APR
  • Arrangement Fees
  • Bank of England Base Rate
  • Bridging Loan
  • Buy To Let
  • Capital and Interest
  • Capital Repayment
  • Capped Rate Mortgage
  • CAT Mortgage (Charges Access Terms)
  • Commercial Mortgage
  • Completion
  • Conveyancing
  • Credit Problems
  • Decreasing Term Assurance
  • Deposit
  • Disbursements
  • Discount Rate
  • Early Redemption Charge
  • Endowment Assurance
  • Endowment Mortgage
  • Equity
  • Exchange of Contracts
  • First Time Buyer Mortgage
  • First Time Buyer
  • Fixed Rate
  • Freehold
  • Gazumping
  • Higher Lending Charge
  • Interest Charges
  • Interest Only
  • Leasehold
  • Legal Fees
  • Level Term Assurance
  • MIRAS
  • Mortgage Rate
  • Mortgage
  • Mortgagee
  • Mortgagor
  • Negative Equity
  • Offer of Loan
  • Pension Plan Mortgage
  • 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
  • Contact Us
  • Mortgages
  • Insurance
  • Mortgage Calculator
  • Site Terms
  • Data Protection
  • Site Map

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

There may be a fee charged for mortgage advice.
The amount will depend on your circumstances but we estimate it will be 1% of the loan arranged.

The overall cost for comparison is 8.7% APR.