Glossary of Terms

We have gathered together on this page, a collection of the terms most often used in the Mortgage, Financial and Property Services Industries.

If you are searching for the meaning of a term. Please click on its initial letter below. A list of terms commencing with that letter will be presented to you. Hopefully, you will find the term you require.

If you cannot find an explanation for the term you require or you believe our description to be inaccurate, please submit your request for an addition or correction. If you have a suggested correction, please make it polite.

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Home Buyer's Report

This is a property survey paid for by the purchaser which lies between a mortgage valuation and a full survey. It is a multi-page report which gives the buyer some piece of mind about the property they are purchasing.

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H

High Loan to Value Fee
See MIG or Higher Lending Charge
Higher Lending Charge
High Percentage Lending Fee
See MIG or Higher Lending Charge
Home Buyer's Report
This is a property survey paid for by the purchaser which lies between a mortgage valuation and a full survey. It is a multi-page report which gives the buyer some piece of mind about the property they are purchasing.