The additional interest rate which a lender may charge over and above its base lending rate, based on your financial circumstances and requirements.

Another name for the mortgage loan.

This is a fee which we charge for the time spent in researching the mortgage market, and for the administration involved in ensuring your mortgage application is handled efficiently. The Application P [..]

Stands for "Accident, Sickness & Unemployment" insurance (sometimes known as PPP, which stands for "Payment Protection Policy"). This type of insurance is designed to protect y [..]

This insurance covers the cost of repairing or rebuilding the structure of your property following such events as fire, explosion etc. It also generally covers some of the "permanent" fixtur [..]

Also known as a Repayment mortgage, this is the traditional method of repaying a mortgage loan. The Monthly repayments which you make go partly towards reducing the mortgage debt, and partly towards p [..]

A payment you receive on completion when you take out a "Cashback" mortgage.

This stands for County Court Judgement, and is a decision reached in the County Courts, normally for outstanding debt. CCJs appear on your credit records, and remain there for six years. Having CCJs r [..]

This stands for "Certificate in Mortgage Advice and Practice", and is an industry recognised qualification. The CeMap examinations (or equivalent) must be passed before a mortgage adviser ca [..]

The formal end of the mortgage or remortgage transaction, when the money is handed over and legal formalities are dealt with.