Jargon Buster - C

Credit reference agencies (CRAs) are companies that collect and maintain information about an individual’s credit history. This information is used to produce credit reports, ...

A county court judgement (CCJ) is a court order that requires an individual or business to pay a debt to a creditor. A CCJ ...

A conveyancer is a qualified professional who specialises in the legal aspects of buying and selling property. Conveyancers are responsible for handling the legal ...

The legal contract for buying and selling a property in the UK is known as the contract of sale. This is a legally binding ...

The conditions of sale are the terms and conditions that apply to the sale of a property. These terms may be set out in ...

A completion statement for the sale of a property is a document that outlines the expenses that need to be paid in order to ...

Completion is the final stage of the process of buying or selling a property. It is the point at which the buyer takes possession ...

When you know how you are going to pay back your bridging loan, and more importantly when, then a closed bridging loan is a ...

A property chain is a series of connected property transactions that are dependent on each other in order for the transactions to be completed. ...

This is a variable mortgage product, either a tracker or discount rate, which has a maximum ceiling interest rate. The maximum rate chargeable will ...

See Repayment Mortgage and/or Mortgage Types.