The cost of credit paid by consumers expressed as an annual rate, which includes additional fees paid to obtain a loan.

Conveyancing is the legal transfer of the title of a property from the seller to a buyer. It is possible in England for a conveyance to be carried out personally, but it is more common for each party to hire a solicitor or a licensed conveyor to carry out the legal business on their behalf.

County Court Judgements are juridical orders that can be acquired in the event of outstanding debt arrears in order to make the debtor pay up

A sum of money that is paid by the home buyer and is combined with a mortgage to reach 100% of the property value so the property can be bought. For example, on a house worth £100,000, the buyer may have to put down a deposit of 20% (£20,000) and the mortgage would then be for the remaining 80% (£80,000).

The difference between the total market value of your property and how much you owe the mortgage lender.

An equity loan is money borrowed in order to 'top up' a mortgage so that the buyer can afford 100% of the property. This means the total money spent could be 10% deposit, 70% mortgage and 20% equity loan. In the UK they are issued by the Government in order to assist the growth in the housing market through schemes such as the Help to Buy [..]

People who are licensed to provide both individuals and businesses with financial/investment advice for their portfolios.

The UK's independent financial body that protects your rights by regulating financial services.

A fixed interest rate is one that is set on a loan and cannot change for a set amount of time.

A scheme whereby a range of home buyers are able to obtain home ownership at reduced costs due to individual circumstances.