Loan to Income flow limit (for lenders)
The Loan to Income (LTI) flow limit is a technical recommendation made to the Financial Conduct Authority (FCA) by the Financial Policy Committee (FPC) ...
LEGAL CHARGE
A legal charge is a legal interest in a property that is granted to a lender as security for a loan. It gives the ...
Key Facts Illustration
When a lender or mortgage broker recommends a mortgage for you, they must provide you with a key facts illustration (KFI). This is basically ...
LOAN TO VALUE
The size of the mortgage as a percentage of the property’s value. Loan to Value or LTV is the mortgage size calculated as a ...
LISTED BUILDING
A listed building is a building or structure that has been deemed of special architectural or historical importance and, as such, has been placed ...
LEASEHOLD
A leasehold property means that you own the right to occupy a home for a set period, not the property itself. This period is ...
LAND REGISTRY
The HM Land Registry is responsible for the legal protection and registration of land and property in England and Wales. It is a government ...
