Jan. 14, 2019

4: Mortgage Jargon Buster.

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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