Additional enquiries These are questions raised by the buyer's solicitor/conveyancer, often relating to matters shown on a survey or relating to the title on your property.
APR (annual percentage rate) This is the total cost of a loan, including all costs, interest charges and arrangement fees. This is then shown as a percentage rate.
Arrangement fees A fee charged by a mortgage lender or broker to arrange a loan. These usually apply to loans where a special interest rate applies.
Assignment This is to transfer the ownership of an insurance policy or a lease.
The sale of a property to the highest bidder with a legally binding contract on the drop of a hammer.