Jargon Buster

All | # 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
There are 4 names in this directory beginning with the letter B.
Base Rate
The Bank of England’s official rate of interest. Lenders generally use this to set their variable and tracker rates.
Booking Fee
A fee charged by some lenders, normally charged to book the funds required for your mortgage application.
Buildings Insurance
This is required by all lenders. It covers you for structural damage to your property.
Buy to Let
A mortgage used for purchasing a property that will be let to tenants.