This is a method of calculating interest on a mortgage. Interest is charged to the account on the first of each month based on the number of days in the month and the balance outstanding on the last day of the previous month.
Deeds Release Fee
An administration fee for release of your title deeds to your solicitor/licensed conveyancer.
The amount of money paid to the vendor on exchange of contracts to secure purchase of the property.
Fees involved in the legal work carried out by your conveyancer which includes search fees and Land Registry fees
A variable interest rate, discounted against our Standard Variable Rate, for a set period of time. Provides lower repayments at the start of your mortgage, though rates can go up or down.
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