Understanding Mortgage Terms – P to Z

In previous blogs we have covered letters A to C, D to F and G to O. In this final part we will cover P-Z, and hopefully over the course of these blogs you are now well versed in mortgage terminology. Portability If you have a portable mortgage, you can transfer your borrowing from one... View...

Understanding Mortgage Terms – G to O

In previous blogs we have covered letters A to C and D to F. In this blog we will cover G to O. Many of these terms are ones you will come across regularly when researching mortgages, and although at first you may not recognise any of them, this helpful series of blogs will have... View...

Understanding Mortgage Terms – D to F

In the previous blog we covered A to C of mortgage terms you’ll often come across, and their meanings. In this blog we will look at D to F. Defaulting If you miss a mortgage payment and slip into arrears then it is known as ‘defaulting’. If you think this is a possibility, then speak... View...

Understanding Mortgage Terms – A to C

When you’re shopping around for your mortgage, you’ll often come across words and phrases that you don’t understand. Don’t worry- this happens to everyone. In this article we’ll be running through some of those you’ll come across. APR This stands for Annual Percentage Rate. This is the total cost of your mortgage, including all fees... View...

The Hidden Costs of Getting a Mortgage

If you’re thinking about applying for a mortgage, do you really know the cost involved? You may have done your research, but sometimes there are charges and fees you have missed. In this blog we’ll be looking at some of the costs you might not be expecting to face. Higher Lending Charges (HLCs) A higher... View...