Glossary of Terms

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

If you are searching for the meanings of Mortgage, Financial or Property terms, please click on the initial letter below. A list of terms commencing with that letter will be presented and, hopefully, you will find what you want.

If you cannot find explanations for the terms 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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K

Key Facts About Our Service
(See Initial Disclosure Document (IDD)).
Key Facts Illustration (KFI)
This document provides information about a particular mortgage that is being offered to you. The document has been designed by the Financial Services Authority (FSA) and should be provided to you by your lender or mortgage broker before you make a commitment to apply for a mortgage. These documents allow you to easily compare mortgage products so you can make an informed decision about which is best for you.