CIFAS
In the digital age, the risk of identity theft and financial fraud is ever-present. CIFAS, the UK’s leading fraud prevention service, plays a crucial ...
Creeping freehold
Some freehold tenure properties extend beyond what we would assume is the property boundary. A creeping freehold, as opposed to a flying freehold, occurs ...
Consumer buy to let
The Mortgage Credit Directive Order 2015 defines a consumer buy-to-let (CBTL) mortgage contract as… ‘a buy-to-let mortgage contract which is not entered into by ...
Construction Industry Scheme (CIS)
The Construction Industry Scheme (CIS) is a UK government initiative designed to tackle tax evasion in the construction industry. It requires contractors to deduct ...
Compulsory Purchase Order
A compulsory purchase order (CPO) is a legal instrument that allows a public authority or utility company to acquire privately-owned land or property without ...
Chain break
A chain break refers to a disruption in the chain of transactions that needs to occur in order for a property sale to be ...
Capital Appreciation
Capital appreciation refers to the increase in the value of a property over time. For example, if a property is purchased for £300,000 and ...
Current account mortgage
A current account mortgage, also known as a current account offset mortgage, is a type of loan that allows the borrower to link their ...
Cashback mortgage
Cashback mortgages are a type of mortgage product offered by UK lenders that give borrowers an upfront lump sum when their mortgage is completed. ...
COLLECTIVE ENFRANCHISEMENT
Collective enfranchisement is the right for leaseholders of a building, or part of a building, to join together and buy the freehold of that ...
CAPITAL RAISING
Capital raising is when a mortgage borrower takes out a new larger loan which is used to repay their existing mortgage and leave some ...
CONSENT TO LET
If you wish to move out of your home and let it to tenants you will need to ask your lender for permission. This ...
COMPANY DIRECTOR’S LOAN
Within the formal accounts for a company there will be a Director’s Loan Account (DLA) for each director. Note that these are for directors ...
CREDIT SCORE
Lenders use a scoring method based on points attributed to various pieces of information provided by an applicant and your credit profile held at ...
CREDIT SEARCH
This is a search of your credit file carried out by a lender to establish suitability for credit. When the lender does a credit ...
