Our jargon buster is designed to explain all the stuff that makes no sense to normal people.

A

AER, APR, arrangement fee, assigned

B

BACS, buildings insurance, buy to let

C

Capital, capital & interest mortgages, capped interest rate, certificate of title, contents insuranc...

D

Deeds administration fee, deposit, disbursements, discounted interest rate

E

Early repayment, endowment mortgage, equity, exchange of contracts

F

Fixed interest rate, freehold, further advance

G-H

Guarantee, guarantor, higher lending charge

I

Jargon buster - i

J-L

joint borrower, Land Registry, leasehold, loan to value

M

Mortgage, mortgage, mortgagor, mortgage indemnity insurance, monthly repayment, mortgage clauses, mo...

N,O,P

Negative equity, operated account, possession proceedings, principal sum, payment break

Q-R

Rate of return, redemption, redemption administration fee, retention, re-mortgage, re-inspection, re...

S

Sealing fee, shared ownership/shared equity, solicitor/licensed conveyancer, staircasing, Stamp Duty...

T

Tenancy, tenure, term, title, title deeds

V-Z

Vacant possession, valuation, valuation report, variable interest rate, vendor