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Mortgage >> Dictionay
 
Listed below are general Mortgage-related terminologies and their meanings. Click on the alphabet to view the list of terms starting with that letter.
 
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
 
  • Planning Permission : The consent given from local planning authority (customarily it is local council) to construct new structure, engineering ventures or alteration in a building function, in case it encounters the appeal of public.

  • Premium : It is the sum to be paid to the insurer recurrently, monthly or annually for taking out insurance policy.

  • Private Sale : It involves transactions for selling a property, but without employing the services of an estate agent.

  • Product Fee : This fee is for applying for a mortgage. It is to hold on to the mortgage and for dealing with administration expenses. It is otherwise called arrangement fee.
 

 

 

 

 

 

 

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