Jargon and explanations...

 

ABI

Ability To Pay

Accident, Sickness And Unemployment Insurance

Accountant

Added To Loan

Additional Principal Payment

Additional Security

Add-On Interest

Adjustment Date

Administration Charge (General)

Administration Charge (Mortgages)

Advance

Agreement In Principle (AIP)

Agricultural Tie

Alimony

Annual

Annual Bonus

Annualised Percentage Rate (A.P.R)

Annuity Mortgage

Applicant

Applicant Type

BACS

Bailiff

Balance Outstanding

Balloon Payment

Bank Of England

Bank Of England Base Rate

Bankrupt

Bankruptcy

Bankruptcy: Discharge

Base Rate

Basic Annual Income

Basis Point

BBA

Benefit Period

Black Listed

Bonus

Booking Fee

Breach Of Contract

Breach Of Covenant

Bridging Loan

Broker

Broker Fee

Brokerage

BSA

Building Society.

Buildings Insurance

Buy To Let Mortgage

Cancellation Clause

Cap And Collar

Capital

Capital And Interest

Capital Raising

Capped Rates

Cash Back (Mortgages)

Cash Back Mortgages

Cash Buyer

Cash Deficit

CAT Standard

Centralised Lender

Charge

Charge

CML

Collection

Commercial Mortgage

Commission Amount

Completion

Completion Date

Compound Interest

Conclusion Of Missives

Conditional Insurance

Constant Net Payment

Contents Insurance

Converted Flat

Conveyancing

Conveyancing Fee

Co-Ownership

County Court Judgment (CCJ)

Credit (Borrowing)

Credit Averse

Credit Checking Agency

Credit File

Credit History

Credit Limit

Credit Rating

Credit Reference Agency

Credit Scoring

Credit Worthy

Creditor

Criteria

Critical Illness Insurance

Daily Interest

Data Protection Act (1988)

Debt

Debt Consolidation

Debt-To-Income Ratio

Deducted From Loan

Deed

Deed Of Covenant

Deeds Release Fee

Default

Default Notice

Deferral Period

Deferred Interest

Delinquency

Delinquent Loan

Dependant

Direct Lenders

Discharged Bankrupt

Discharged CCJ

Disclaimer

Discount Period

Discount Purchase Price

Discount Rate

Draw Down Facility

DSS Payments

Early Redemption Payment

Early Repayment Period

Earned Income

Effective Gross Income

Employed

Employee

Employer

Employer's Reference

Employment Status

Endowment

Equity

Equity Appreciation

Exclusive Products

Existing Liabilities

Extension

Fee

Fee Indemnity Guarantee Premium (IGP)

Fees Added To Loan

Feuhold

First Charge

First Time Buyer

Fixed Rate Loans

Fixed Rates

Flat Over Shop

Flats

Flexi

Foreign Currency Mortgage

Freehold

FSA

Full Status

Full Structural Survey

Gearing

General Conditions

Ground Rent

Guaranteed Earned Income

Guarantor

High Lending Charge

High Loan To Value Fee

High Street Lenders

Holiday Home

Home Equity Loan

Home Improvements

Homebuyer's Report

Homebuyer's Valuation Fee

House Or Flat Buyer's Report

Housing Association

IG Premium

Indemnity Guarantee Premium (IGP)

Initial Rate

Insurance

Interest Only

Interest Only Mortgage

Interest Rate

Intermediaries

Introducer

Irregular Earned Income

IVA

Joint Application

Joint Liability

Maisonette

Mandatory Products

Monthly Repayment

Mortgage Deed

Mortgage Indemnity Guarantee

Mortgage Subsidy

Mortgage Term

Mortgage Payment Insurance (MPI)

Negative Equity

Net Profit

Net Profit Declining

New Build

Non Status.

Not In Employment

Notice Of Default

Open Market Value

Other Income

Outgoings

Outstanding Balance

Outstanding Discount

Overpaid Funds

Part & Part

Part Endowment

Payment Default

Payment Method

Payment Protection

Payment Schedule

Payment Shock

Pension Mortgage

Percentage Advance

Period

Portable

Previous Lender's Reference

Prime Rate

Prospective Earnings

Protection Products

Purchase

Purpose Built Flat

Quotation

Quotation Regulations

Quotations

Redemption

Redemption Charges

Redemption Statement

Redundancy Insurance

Refinancing

Regular Earned Income

Regulated Loan

re mortgage

re mortgage With Outstanding Discount

Rent Allowance

Repayment

Repayment Period

Repayment Plan

Repayment Term

Restructured Loan

Right To Buy

RTB

Salary

Schedule Of Payments

Search Fee

Second Charge

Second Home

Second Mortgage

Secured Loan

Self Build

Self Certification

Self Employed

Semi Commercial

Shared Equity

Shared Ownership

Simple Valuation

Sitting Tenant

Sole Occupancy

Special Conditions

Special Status Or Non Status

Stabilised Rate

Stamp Duty

Stamp Duty (Property)

Standard Variable Rate

Structural Survey

Studio Flat

Subsidy (Mortgage)

Sum Assured

Survey

Survey Fee

Telegraphic Transfer

Term Assurance

Thatched Roof

The Council Of Mortgage Lenders (CML)

Tied Agents

Timber Framed

Top Up Loan

Typical APR

Unemployed

Unencumbered

Vacating Fee

VAL

Valuation

Valuation Fee

Variable Rate

Verification Of Employment