Jargon Buster - D

Dry lending is an aspect of private bank mortgages and lending to high net worth individuals. It means that bespoke mortgages are available without ...

A Dorran house is a type of non-standard construction house that was built in the United Kingdom between the 1920s and the 1950s. It ...

When you apply for a mortgage, one of the most important factors that lenders will consider is your debt-to-income ratio. This ratio compares the ...

A Deed of Variation is a legal document that allows changes to be made to a Will after the person who wrote it has ...

A Deed of Trust or a Declaration of Trust may be used to clarify the ownership and financial interests of the parties involved in ...

Debt consolidation is when a borrower takes out a new loan or remortgage to repay their other debts. This can be done for a ...

A mortgage deal where the interest rate is a set amount less than the mortgage lender’s standard variable rate (SVR), usually for a fixed ...

Solicitors’ disbursements are the costs that a solicitor incurs on behalf of a client during the course of a transaction, such as the purchase ...

Tenancy dilapidations refer to the repair and maintenance obligations of a tenant under the terms of a lease. A lease is a legal agreement ...

A lump sum of money a buyer (mortgage deposit) or renter (tenancy deposit) pays to a property owner to secure the right to own ...

The legal documents establishing the ownership of a property. It will also show any mortgage against the property. See title deeds.

See ‘Agreement in Principle (AIP)’.

This is a type of secondary security sometimes used when Limited Companies borrow money. A Debenture places a charge on assets owned by the ...