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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Repayment mortgage
A mortgage repaid by way of monthly repayments of capital combined with interest.
Repossession
When the mortgage lender takes possession of your property due to non-payment of the mortgage.
Resident Landlord
Where the landlord occupies part of the dwelling as his main or principle home and lets the rest of it.