View our Work
Mortgage Jargon Buster
mortgagemotorway.com have compliled an a - z of mortgage jargons used in this sector they explain products, services and general terms used to help you understand mortgage and finance products. If you would like further assistance please feel free to contact a member of the team.
Advisor Direct: Miss Patsy Morris
Telephone: 0845 121 3155
Mobile: 07786 968 118
Email Direct: pmorris@mortgagemotorway.com
Select your mortgage term from our A - Z list below:
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
Valuation
A simple survey carried out on a property for the benefit of the lender. Because the report is carried out for the lender, if the surveyor makes a mistake you have no legal claim against him.
Valuation Fee
A fee charged to cover the cost of a valuation, typically paid by the borrower.
Value
The price of a property under normal conditions, ie. When the buyer is not forced to buy and the seller not forced to sell.
