A legal document stating an agreement or obligation regarding a property.
Deferred establish fee
Is a fee that is charged when you pay out your loan within a short period of time, usually up to four years.
When you fail to meet the mortgage repayment on time.
Banks and lenders provide deposit bonds as a guarantor that the full payment will be made by the due date. Deposit bonds are used when cash is not readily available for the deposit.
A decline in the value of a property or an asset.
A system where funds are electronically debited from your nominated bank/building society account.
This is a fee that is charged when closing a loan account.
Any income that is left over after all expenses and bills have been paid.
This provides access to available loan funds and usually refers to lines of credit.