Alexander Hall Mortgage jargon buster Mortgage terms beginning with J

Mortgage jargon buster

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

Joint Income

The total gross income of the two borrowers in a joint mortgage.

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

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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 £499. For impaired credit lending the typical fee is 1% of the mortgage loan. For Buy-to-Let, Off-Shore and Commercial mortgages a typical fee of 0.5% of the mortgage loan size applies of which £500 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.