CML
The Council of Mortgage Lenders, whose members are banks, building societies and other lenders who together undertake around 94% of all residential mortgage lending in the UK. There are 11.4 million mortgages in the UK, with loans worth over £1.2 trillion.
Council of Mortgage Lenders
The Council of Mortgage Lenders, whose members are banks, building societies and other lenders who together undertake around 94% of all residential mortgage lending in the UK. There are 11.4 million mortgages in the UK, with loans worth over £1.2 trillion.
An EPC will give you the information you need to make your residential building more energy efficient. It provides an energy rating for a building which is based on the performance potential of the building (the fabric) and its services ( such as heating ventilation and lighting). Refer to our article for more information.
Energy Performance Certificate. An EPC will give you the information you need to make your residential building more energy efficient. It provides an energy rating for a building which is based on the performance potential of the building (the fabric) and its services ( such as heating ventilation and lighting). Refer to our article for more information.
HMO
House of Multiple Occupation
A mortgage advance is the total amount of loan actually provided to the buyer, by the lender.
Mortgage Approval
A mortgage approval is the firm offer to a customer of a specific amount of credit secured against a particular property. The Mortgage Approvals released by the Bank of England is considered as a leading indicator of the UK Housing Market.
Net Price Balance
The seasonally adjusted net balance of RICS surveyors who responded to the RICS survey and reported increasing rather than declining prices.
