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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Higher Lending Charge

A fee charged by lenders when the loan-to-value (LTV) ratio on a borrower's property is above a certain level, typically 90%.

Holiday Home

A second property that is used for holidays and weekends rather than as a main residence. Lenders will typically charge a higher rate, or demand a larger deposit, on mortgages for a holiday home.

Home Buyer's Report

A type of property survey that is more comprehensive than a mortgage valuation but less extensive than a full structural survey.

Home Buyer's Valuation Fee

The fee charged by a surveyor for producing a Home Buyer's Report.

Household Insurance

See "Buildings Insurance" and "Contents Insurance."

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

alexander hall associates limited is authorised and regulated by the Financial Services Authority for pure protection, residential mortgages and general insurance business. We do not charge a fee for residential mortgage advice; however there is an administration fee for processing each of your standard residential mortgage contracts. The typical administration fee is £399. For impaired credit lending the typical fee is 1% of the mortgage loan. For Buy to Let and Commercial Mortgages a fee of 0.5% of the mortgage loan size applies of which £400 is payable on application with the balance payable on completion.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.