Glossary

Confused by some of the gobbledegook used to describe mortgages and loans? Well, here's an easy to understand guide of the technical terms, which are listed alphabetically. Administration Fee - Credit Scoring Daily Interest Mortgages - Further Advance Gross Annual Income - Loan to Value Ratio Mortgage Deed - Principal Redemption - With Profits

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