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Glossary of Mortgage Terms:

M-Q

 


D-F
G-L
M-P
R-Z

 

Mortgage Term
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Main Residence

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MIG - (Mortgage Indemnity Insurance)
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Mortgage Deed
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Mortgage Term
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Mortgage Valuation
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Mortgagee
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Mortgagor
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Negative Equity
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Net Profit
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New Build
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Non Status Mortgage
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Ombudsman
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Open Market Value
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Origination Fee
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Other Income
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Outgoings
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Outstanding
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Overpayment
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Part Mortgages
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Payment Holiday
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Payment Protection Insurance
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Pension Mortgage
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PEP
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PHI (Permanent Health Insurance)
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Polarisation
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Prepayment Penalty
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Previous Lenders Reference
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Principal
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D-F
G-L
M-P
R-Z

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
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