A to Z of Finance (Jargon Buster) - The Letter M

The world of Finance is full of buzz words and Jargon. In this section I'll translate a whole range of finance terms so you won't get caught out.

Index 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

Mortgage Deed

This is the legal document establishing that you have a long term loan otherwise known as a mortgage on your home or property.

The length of time your mortgage will run for, in other words how long (in years) it is going to take you to repay your mortgage. The most common term lenght for a mortgage is 25 years but it could be less.

Typical, variable APR is 10.9%. Rates range from 7.7% to 18.3%
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP MORTGAGE OR DEBT REPAYMENTS SECURED ON IT
THINK CAREFULLY BEFORE SECURING ANY OTHER DEBT ON YOUR HOME. NON PAYMENT OF ANY LOAN CAN AFFECT YOUR CREDIT RATING

Every effort has been made to ensure that the facts here are correct. No liability is accepted for any errors contained herein or for any loss resulting from actions taken.

A to Z of Finance (Jargon Buster) - The Letter M

Mortgage Deed

Mortgage Term