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- County Court Judgements (CCJs) / Defaults
- Mortgage Arrears
- Been a Discharged Bankrupt or Sequestrated?
- Had or currently have an IVA?
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Glossary of Mortgage Terms: H to J
Mortgage Terms Defined on this page:
Headline Interest Rate,
Help Desk,
Hire Purchase,
Homebuyers Report,
Household Income,
Household Insurance,
Interest,
Interest Rate,
Introductory Interest Rate,
Joint Credit.
Please see further definitions on the pages below:
A-B, C, D-E, F-G, H-I-J, L-M-N-O, P-Q-R, S-T-U-V-W-X-Y-Z.
Definitions:
Headline Interest Rate
The Interest Rate used in the marketing of a loan. This may not be the rate that you are offered.
Help Desk
A call centre set up to receive telephone calls from people asking questions about a product or company. Many loan companies provide this service so if you have any questions you can give them a call.
Hire Purchase
A finance agreement where you take possession of the item straight away but pay for it in Instalments.
Homebuyers Report
A survey on a property giving details of the state it is in and how much it is worth. They should be done by a qualified surveyor but will only include an inspection of the parts of a property that can be seen fairly easily. It has more details than a mortgage valuation, but not as much as a full structural survey.
Household Income
This is the total amount of money being earned by all the people in the household. Loan providers use this when they are deciding on applications for joint Personal Loans because it helps them know how well you will be able to pay the loan back.
Household Insurance
The buildings and contents insurance of a property purchased together. This gives you insurance against damage to the structure of the building and your belongings within it.
Interest
A fee charge for borrowing money.
Interest Rate
The fee charged for borrowing money expressed as a percentage of the amount borrowed.
Introductory Interest Rate
The discount rate that some loans charge for a set period of time at the beginning of a Loan Term.
Joint Credit
A loan given to two people, usually a couple.
Please see further definitions on the pages below:
A-B, C, D-E, F-G, H-I-J, L-M-N-O, P-Q-R, S-T-U-V-W-X-Y-Z.
Poor Credit Mortgages
Self Certification Mortgages
Specialist help for Self Employed People:
- Income - but can't prove it?
- No accounts / Self Employed?
- Self Certify your Income.
- Get help switching self certification mortgages.
Right to Buy Mortgages >>
Get help finding a right-to-buy mortgage.
- If you have been a secure council tenant for at least two years you may be eligible to buy your council home at a reduced rate.
- We can help you find a suitable mortgage if you are ready to buy your council home or want to re-mortgage.