Jargon

Don’t know your Abstract Title from your Deeds of Sale? Then use our jargon buster for a simple explanation of all the weird and wonderful phrases affecting your nest.

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Disbursements
Fees paid by the buyer's solicitor on the buyerÂ’s behalf such as stamp duty, land registry and search fees or the various costs for carrying out the varied legal work in relation to remortgaging your home.
Discharge
Paying off a mortgage and clearing any outstanding debt on the mortgage.
Discount mortage
A discount mortgage offered by mortgage lenders to borrowers, reducing monthly mortgage repayments. This is often for the first two or three years of the loan period and thereafter the amount may increase.