Credit Reference Agency – Mortgage Glossary

Mortgage Glossary

Below is an A-Z glossary of general terms used within the mortgage industry. Click on any term to view a detailed explanation. Use the alphabet below to navigate quickly to a term beginning with:



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Credit Reference Agency

Many organisations now offer a credit referencing service which maintains the details of individuals so that they are able to produce a credit report on a particular borrower for the lender to make their lending decisions.

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Typical Interest Payments

First Time Buyers

5.94%

Purchased Fixed

6.45%

Discounted Rate

5.95%

Buy To Let

6.29%

Commercial

7.55%

 

 

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Mortgage News Feed Mortgage News Feed

Man who got £1m off the price of his house

The effects of the credit crunch on the property market ar...

House sales 'could drop by up to 40%'

Sales of houses could collapse by 40% this year, according...

Questions & Answers

Read about general questions asked by brokers and lenders and the best ways to answer...

Mortgage Glossary

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