1st Mortgages UK - whether you have ccj's, mortgage arrears, defaults, no credit history, discharged bankruptcy or simply have an irregular income, we can help. Loans for US Residents
1st Mortgages UK
home
mortgages
a-z of mortgages
your credit file
Financial Top Ten
self employed
FAQ’s
advice page
contact us
Sitemap
Mortgages:
adverse (CCJ)
buy to let mortgage
commercial
expatriate mortgages
first time buyers
foreign mortgages
new purchase mortgage
overseas buy to let
re-mortgage
right to buy mortgage
self certification
100%-135%

A to Z of Mortgages

A useful glossary of terms and information to see you through the mortgage minefield.
Use the links below.

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


Endowment Mortgage - An interest only mortgage supported by an endowment policy. During the term of the mortgage only interest on the mortgage is paid to the lender. At the same time premiums are paid into an endowment policy which is designed to mature at the end of the mortgage term. The proceeds of the endowment policy are designed to repay the mortgage debt, although with a low cost endowment policy it is not guaranteed that the proceeds will be sufficient to repay the debt. In addition to providing the investment to repay the mortgage debt the endowment policy will also include life assurance which will repay the mortgage debt in the event of the death of the policyholder within the policy term.

Exchange of Contracts (NOT SCOTLAND) - This is the stage in the property transaction at which legally binding contracts are exchanged between the buyer and the seller. Once contracts are exchanged the vendor becomes legally obliged to sell and the purchaser to buy on the terms agreed.

Existing Liabilities - This term is used by lenders to define all other finance commitments apart from the existing mortgage. This will take into account such items as bank loans, HP, credit cards, maintenance payments (to ex-spouse) etc. Most lenders will take these items into account when assessing how much they are prepared to lend and will usually deduct 12 months payments from gross annual income before applying their normal income multipliers.


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


THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.


Your Details - Please answer all questions on this form as accurately as possible.
Title First Name Email Address
  Last Name Date of Birth
Phone number Mobile Number
Work phone Number Nationality
Address: Employment status
  Gross Income £
  Credit Rating
Postcode GET ADDRESS    
Your Mortgage Requirements - Please answer all questions in this section.
What kind of mortgage do you require?
Purchase Price/Estimated Value £
Mortgage amount required £
Repayment Period (years)
Mortgage Repayment Type?
ADDITIONAL DETAILS
Please provide us with any additional information that you feel may be relevant, and that may help us find the most suitable mortgage product to meet your needs.
Data Protection Notice
TERMS & CONDITIONS

.Fast easy online mortgage and loan service for UK residents. The website is an independent marketing website and not a lender. We pass on enquiries to financial service providers and cannot offer financial advice. is not responsible or liable for any financial service, loan or mortgage product obtained through a third party. A loan or mortgage enquiry from this website does not constitute an offer to provide a loan or mortgage.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
is a trading style of Perception Internet Ltd.

DATA PROTECTION ACT 1998

I/we confirm that I/we have the consent of any third party whose details I/we may disclose to ("You") to disclose such details and to authorise You and the third parties referred to in the paragraph below to process such details for the purposes of assessing my/our application and administering and enforcing any subsequent loan which may be granted to me/us.

I/we agree that You and any lender resulting from this application (the "Lender") shall be entitled to use and process, by any medium, the information given by me/us in this application form and any other information about me/us which may be acquired during the lifetime of any loan ("the Data") for the following purposes:-

i. to provide the Data to and search the files of one or more credit reference or fraud prevention agencies whether before, or during the lifetime of any loan granted to me/us by the Lender, who will keep a record of such search, to confirm the Data, and for the purposes of credit assessment or account administration. I/we understand that You and /or the Lender will record false or inaccurate information if this is given by me/us and fraud is suspected.

ii. To disclose the Data to credit reference agencies when requested by them for consideration of any future applications for finance made by me or members of my household/family, or for fraud prevention and/or tracing debtors (the agencies may also disclose the Data to other lenders for these purposes)

iii. to disclose the Data to any other company within the Lender's group of companies and/or to any third parties (for example, debt counsellors and insurers) at any time for the purposes of assessing my/our application and administering and enforcing any subsequent loan whether during the course of my/our application or during the lifetime of any loan granted pursuant to such application;

iv. to disclose the Data to any third party who replaces or who may replace my/our Lender.

PREVENTION OF MONEY LAUNDERING

The Lender and other organisations may use and search the records of credit reference or fraud prevention agencies to check your identity to prevent money laundering, unless you have furnished other satisfactory proof of identity.

RIGHT OF SUBJECT ACCESS

Information held by us will be processed only for purposes for which we have registered under the Data Protection Act. Upon you making a request in writing we will provide you with a copy of the information which we hold concerning you on payment of a fee.

PERSONAL DETAILS AND DATA PRIVACY

By providing this information including telephone numbers and email addresses, you agree to be contacted in this way by , our marketing service partners , The Trading Floor and their clients.

If you proceed with your application the personal details which you submit to us (Personal Data) are held by for its own use. It is your responsibility to ensure that your Personal Data is accurate and up to date and to inform us of any changes that need to be made. may use the Personal Data for the purposes of contacting you by post, telephone or electronic means regarding your application or for a use that has been notified to the Office of Information.
Data will be handled in accordance with our Terms of Use
I have read and accept the Data Protection Notice above

first time buyer mortgages even when turned down elsewhere. Apply online now whether you have ccjs, mortgage arrears, poor or no credit history or simply an irregular income.

right to buy mortgages even when turned down elsewhere. Apply online now whether you have ccjs, mortgage arrears, poor or no credit history or simply an irregular income.

Expatriate Mortgages even when turned down elsewhere. Apply online now whether you have ccjs, mortgage arrears, poor or no credit history or simply an irregular income.

adverse mortgages even when turned down elsewhere. Apply online now whether you have ccjs, mortgage arrears, poor or no credit history or simply an irregular income.

Personal UK Secured Loans
 
sitemap Privacy Statement Terms and Conditions © 1st-mortgages-uk is operated by Extra Direct