On this web site you will be able to find information on the products that are relevant to you. If
- Ability To Pay - The capability to make repayments on any loans or debts
- Adverse Credit - A term used in credit scoring
- Annual Fees - A fee payable on a yearly basis
- APR - Annual Percentage Rate - The yearly cost of finance
- Arrangement Fees - A charge for setting up finance products
- Arrears - Outstanding Debt on financial products
- Assurance Premiums - Payments required under insurance cover
- Bad Credit - A term used in credit scoring
- Balance Transfer - Moving debt to another company
- Bank of England Base Rate - Interest rate that affects mortgages
- Black Listed - Disapproved rating due to credit score
- Breakdown Insurance - Road side cover
- Building Report - Legal survey
- Buildings Insurance - Insurance for the structure of a property
- Buy To Let - Purchase property in order to rent it out
- Capital and Interest Mortgages - Mortgage that repays both capital and interest
- Capped Rate Mortgages - Mortgage rate with a ceiling
- Car Insurance - Vehicle liability cover
- Cash Back - A consumer's reward for choosing a particular finance product
- County Court Judgment - CCJ. Result of non payment of finance
- Consolidation - Finance used to repay a number of debts
- Contents Insurance - Cover possessions against loss
- Credit Cards - Plastic
- Credit Check - revealing your credit score
- Credit Facilities Example - UK Medical Loans
- Credit Scoring (Rating) - Effect of financial history
- Critical Illness Insurance - Financial cover against illness
- Debt Consolidation - from multiple debts to one finance
- Defaults - Belated or missed repayments on finance
- Deposits - The Advance on mortgage products
- Discounted Rate Mortgage - A Mortgage product with a set reduction period
- E-Commerce - Electronic Commerce. Conducting business online
- Early Redemption Penalty - Fee charged when switching mortgage lenders
- Earnings Protection Insurance - Cover for loss of income
- Endowment Mortgage - Part of the Repayments are invested
- Equity Release - Creating finance from a properties value
- Estate Agents - Agent used when purchasing property
- Excess - Preset non recoverable insurance condition
- Exchange of Contracts - A final stage of purchasing property
- Exclusions
- Expenditure Protection Insurance - Cover for utilities and finance against loss
- First Time Buyer - Mortgage arranged for a first time consumer
- Fixed Rate Mortgage - Mortgage with a set interest rate
- Flexible Mortgages - Mortgage with flexible repayments
- Freehold - Term meaning ownership of property
- Gazumping - A buyer undercutting another buyer
- Guarantor - Person providing security for finance
- Home Income Plans - Income raised against property equity
- Home Insurance - Term covering buildings and contents insurance
- Home Owner - Individual who legally holds property
- Home Reversion Schemes - Creates finance using property
- Homebuyers Report - Survey on properties condition
- Home Buyers' Survey and Valuation - Report on condition and value of property
- Household Insurance - Term covering buildings and contents insurance
- Income Multiples - Method for calculating mortgage allotment
- Independent - Agent unattached to a specific lenders products
- Insurance claims - Process to recover loss under insurance
- Insurance Excess - Non recoverable insurance amount
- Insurance Exclusions - Terms and conditions uncovered by insurance
- Interest-Only Mortgage - UK mortgage where interest charged only is repaid
- Joint Application - Finance submission from two or more consumers
- Land Registry Fees - Fee paid to register property ownership
- Leasehold - Term meaning ownership on property rather than tenancy
- Liabilities - Insurance cover against accidents
- Life Assurance - Insurance cover against injury or death
- Loan Security - Lenders cover against loss on finance
- LTV (Loan to Value) - Size of mortgage required compared to property value
- Mortgage Indemnity Guarantee Premium - MIG Premium, fee charged by a mortgage lender
- Mortgage Protection Life Cover - Mortgage cover against the risk of death
- Mortgage and Roll Up Plans - Equity release product to raise capital
- Mortgage Term - Length over which mortgage is repaid
- Mortgage Protection Insurance - Mortgage cover against the risk of redundancy
- Motorcycle Insurance - Vehicle liability cover
- Negative Equity - Property value below remaining mortgage debt
- Non Status - A term used because of credit score
- Overpayments - Paying more than minimum required
- Payment Break - Payments stopped for a limited period
- Payment Protection - Insurance repayment cover
- Personal Loan - Loan taken out by an individual
- Pet Insurance - Insurance cover for family animals
- Property Valuation - Estimation of mortgage loan amount required
- Public Liability - Insurance cover against damage to property or person
- Rate Surfing - Actively seeking cheap finance
- Redemption Penalties - Fee in re-mortgaging loans
- Remortgage - Mortgage arranged on property pre-owned
- Removal Fees - Expense for moving property contents
- Repayment Mortgage - Paying the capital and interest on mortgage
- Right to Buy Mortgage - Finance product for council tenant
- Secured Loan - Loan that uses property for security
- Self Certification Mortgage - Mortgage relying on self employed accounts
- Stamp Duty - Government tax paid on the purchase price of property
- Standard Cover - Basic level of protection
- Standard Variable Rate - Mortgage relying on Bank of England's base rate
- Structural Survey - Report seeking structural problems or defects
- Student Insurance - Cover for those in higher education
- Tenant Loan - Finance for non home owner
- Term - Length over which finance is repaid
- Tracker Rate Mortgage - Mortgage relying on Bank of England's base rate
- Transferred Balance - Shifting debt between finance providers
- Travel Insurance - Cover for trips and holidays
- Umbrella Insurance - Placing insurance under a single provider
- Underpayments - Paying less than minimum required
- Unsecured Loan - Loan that does not use property for security
- Valuation Report - Lenders estimate of properties worth
- Variable Rate Mortgage - Mortgage tied to Bank of England's base rate
- Vehicle Insurance - Vehicle liability cover
- Waived interest - Interest charged is reduced or removed
- Wedding Loan - Loan to cover wedding expense
- Zero % Interest - Specific charge or deal on finance