Please view the glossary definitions from our list below. Some terms have a dedicated page with a longer definition. This is available by clicking on the "more about " link.
Vacating Fee |
This fee is charged on the release of property title deeds following redemption of a mortgage advance. |
VAL |
Is an abbreviation for the term valuation. |
Valuation |
When a surveyor values your property. |
Valuation Fee |
A fee paid by the borrower for the lender's inspection of the property. This is normally paid on application. See fee, arrangement fee, fees added to loan, booking fee, conveyancing fee, land registry fees, IGP, and stamp duty. |
Variable Rate |
An interest rate that will vary over the term of the loan, normally in line with the general cost of borrowing. |
Verification Of Employment |
Most lenders will contact your employer to confirm you work there and your paid regularly. |
| mortgages news |
|---|
| Brown says govt will help to pay mortgages - Thu, 04 Dec 2008 |
| Mortgage lenders fail to pass on rate cut, research finds - Thu, 04 Dec 2008 |
| Interest-only mortgages less popular, figures show - Thu, 04 Dec 2008 |
| More News |