Tag: Mortgages
-
Cooperative Mortgages
Cooperative mortgages in the Context of Mortgages in the United Kingdom Note: additional topics related to mortatges in the English legal encyclopedia are available here. Any loans related to a cooperative residential project. Similar Terms Cooperative projectCooperative projectA […]
-
Co Signer
Co signer in the Context of Mortgages in the United Kingdom Note: additional topics related to mortatges in the English legal encyclopedia are available here. A person who assumes joint liability for a loan. The co-signer of a loan agreement is not necessarily, however, a co-owner.
-
Credit Agencies
Credit agencies in the Context of Mortgages in the United Kingdom Note: additional topics related to mortatges in the English legal encyclopedia are available here. Companies such as Equifax or Experian that are often used by lenders to assess your financial background and determine the level […]
-
Basis Point
Definition of Basis Point in Futures Trading In this area, here is a meaning of Basis Point: The measurement of a change in the yield of a debt security. One basis point equals 1/100 of one percent. Basis point in the Context of Mortgages in the United Kingdom Note: additional topics related […]
-
Bankruptcy Charge
Bankruptcy charge in the Context of Mortgages in the United Kingdom Note: additional topics related to mortatges in the English legal encyclopedia are available here. This is an investigation carried out by the Land Charges Registry to check if a purchaser is or has ever been bankrupt. Most […]
-
Discount Period
Discount period in the Context of Mortgages in the United Kingdom Note: additional topics related to mortatges in the English legal encyclopedia are available here. The time at the beginning of a mortgage life span when you are offered reduced repayments. Can be useful to help you overcome the […]
-
Arrears Fee
Arrears fee in the Context of Mortgages in the United Kingdom Note: additional topics related to mortatges in the English legal encyclopedia are available here. This is charged on a monthly basis to cover additional administrative costs where your mortgage account is one or more monthly […]
-
Amortization Tables
Amortization tables in the Context of Mortgages in the United Kingdom Note: additional topics related to mortatges in the English legal encyclopedia are available here. Mathematical tables lenders use to calculate a borrower's monthly payment. Similar Terms Amortization […]
-
Call Option
Call option in the Context of Mortgages in the United Kingdom Note: additional topics related to mortatges in the English legal encyclopedia are available here. A clause in a loan agreement that allows a lender to ask for the balance at any time.
-
Debt
Debt in the Context of Mortgages in the United Kingdom Note: additional topics related to mortatges in the English legal encyclopedia are available here. Money owed to a lender. Similar Terms Debt to income ratioDebt to income ratioA ratio used by lending institutions to determine […]