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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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Ground Rent

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A payment made by the leaseholder to the freeholder of the property. These payments will be used in the mortgage process as part of the regular costs that the borrower will have to meet from their income.

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