by Alec Hanson - Just Do Property Host | 23 Jun 2019
Fee charged upfront by lenders in order to protect themselves against a borrow defaulting on the loan. This fee is usually charged on mortgages over 75% LTV. Also know as : Mortgage Indemnity Guarantee (MIG) or a Mortgage Indemnity... by Alec Hanson - Just Do Property Host | 23 Jun 2019
A mortgage that consists of two terms the first of which has a fixed rate of interest and the second an adjustable rate. Synonym =... by Alec Hanson - Just Do Property Host | 23 Jun 2019
Fee you pay to a company for the administration/setup of a service or product. All regulated firms must give details of all fees before you buy a service or product. by Alec Hanson - Just Do Property Host | 23 Jun 2019
The amount of money that your lender is prepared to lend... by Alec Hanson - Just Do Property Host | 23 Jun 2019
Refers to people with a poor credit history. May include but is not limited to things such as county court judgments (CCJ’s) bankruptcy mortgage arrears Individual voluntary agreements (IVA’s) and credit card or other borrowing arrears or...