Jan. 14, 2019
4: Mortgage Jargon Buster.
The property and finance industry is known for using buzz words and jargon. We go through the alphabet to breakdown a series of terms.
Terms discussed:
- Advance
- AIP / DIP / mortgage promise
- APR
- Bank base rate (BBR)
- Capital & Repayment
- Completion
- Conveyancing
- ERC
- Fixed
- Further Advance
- Interest Only
- KFI
- LTV
- Net Income vs Gross Income
- Overpayments
- Porting
- Tracker
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