European Standardised Information Sheet (ESIS)
The European Standardised Information Sheet (ESIS) is a document that provides detailed information about a mortgage product to potential borrowers within the European Economic ...
EXIT STRATEGY
An exit strategy is the way you will eventually repay your bridging loan or development loan. The exit strategy should be realistic and credible ...
EXCHANGE OF CONTRACTS
Exchange of contracts is an important step in the process of buying and selling a property in the UK. It marks the point at ...
EQUITY
Property equity refers to the value of a homeowner’s interest in a property. It is the difference between the value of the property and ...
ENERGY PERFORMANCE CERTIFICATE (EPC)
An EPC is a document that displays a property’s energy efficiency rating and environmental impact. Legally required for the sales and lettings process.
ENDOWMENT MORTGAGE
An endowment mortgage is a type of mortgage that was popular in the UK in the 1980s and 1990s. It combines an interest-only mortgage ...
EASEMENT
An easement is a legal right that allows one person or entity (the “dominant owner”) to use the land of another person or entity ...
EARLY REPAYMENT CHARGES (ERC)
An Early Repayment Charge is a charge you have to pay the lender, if you repay the whole or part of your mortgage within ...
