More cards in this set

what is a security deed?

how does a mortgage lender work out how much it'll lend to an indiviual property buyer?

what is stamp duty?

what two factors will determine how much a provider will lend to a mortgage customer?

what is LTI ratio?

what is LTV ratio?

why will the provider have to ensure there's a margin between the value of the property and the amount it lends to the customer?

what is owner's equity?

what is an interest only mortgage?

why should borrowers have a margin of safety if interest rates rise?