Glossary of Mortgage Terms

Like most industries, the mortgage lending business, has it's own jargon and abbreviations. Most of them are listed below. Rather than list them alphabetically, they are are grouped together according to relevance.  Click on the link to go to the relevant page.

Types of Uk Mortgage

• Fixed Rate Mortgage
• Capped Rate Mortgage
• Base Rate Tracker Mortgage
• Discount Rate Mortgage
• Standard Variable Rate Mortgage
• Capped and collared Mortgage
• Self Certification Mortgage
• Adverse Credit Mortgage

Uk Mortgage Fees

• Arrangement Fee
• Completion Fee
• Higher Loan to Value Fee or Mortgage Indemnity Guarantee Fee
• Valuation Fee
• Broker Fee
• Administration Fee
• Bank Transfer Fee
• Exit administration Fee
• Own Buildings Insurance Fee
• Conveyancing Fee
• Stamp Duty

Uk Mortgage Surveys 

1. Standard Survey
2. Homebuyers Survey
3. Structural Survey
4. Specialist Reports - Damp and Timber Report, Wall-Tie Report 

Other UK Mortgage Terms

• Income Multiples