Annual percentage rate: the overall cost of a mortgage, including the interest and fees. It assumes you will have the mortgage for the whole term.
Some products may have an associated application fee. This application fee is charged in order to cover the costs associated with the processing of the application.
It is always recommended that you speak with us before you begin to look for a property, so that you can establish how much you can borrow. You can use this confirmation to prove to a seller that you can afford to buy their property.
The fee charged for the administration involved in arranging the loan.
The term used when a customer increases their borrowing to release some of the equity available in their property.