The mortgage glossary is a resource for those wishing to unravel the language and terms used in mortgages that can confuse even the most hardened financial expert. Our simple glossary provides you with detailed descriptions of hundreds of mortgage terms and acronyms that you need to know before you can make an informed decision as to which is the best mortgage product for you. So, if you don't know your LTV Ratio from your IVA Agreement, or your Redemption Fee from your Indemnity Premium then read on... Accident, Sickness and Unemployment Insurance (ASU) Added To Loan Additional Security Fee Administration Fee Advance Adverse Credit Agreement in Principle APR - Annual Percentage Rate Arrears Bankrupt Base Rate Booking Fee and Arrangement Fee Building Society Buildings Insurance Capital and Interest Mortgage Capped Rate Mortgages Charge Charge Certificate Completion Conditional Insurances Contract Race Conveyancing Conveyancing Fee County Court Judgements Credit File Default Deferred Interest Mortgage Discounted Mortgages Draw Down Facility Early Redemption Charge Endowment Mortgages Equity Essential Repairs Exchange of Contracts Existing Liabilities First Time Buyer Fixed Rate Mortgages Flexible Mortgage Flying Freehold Foreign Currency Mortgage Form 53 Freehold Further Advance Ground Rent Guarantor Higher Early Redemption Fee Income Multiples Individual voluntary arrangement (IVA) Interest Only Mortgages Joint Tenants Leasehold Legal Fees Local Search Mortgage Mortgage Indemnity Premium Mortgage Offer Mortgage Protection Policy Negative Equity Portable Mortgages Principal Redemption Penalty Repayment Mortgages Self Certification Self-employed Survey SVR (Standard Variable Rate) Valuation Valuation Fee