The A-Z of Mortgages - G

Here we are with G from our A-Z of mortgages, helping you understand the mortgage jargon! Find the full glossary on our website.

G is for...

Guarantor - This is somebody who guarantees to meet the mortgage sum if the borrower is unable to or will not meet repayments.

Graduate mortgages – some lenders offer specialist graduate mortgage products, depending on your career. They may offer to lend more of the basis of an income that increases each year or even have a reduced deposit.

Ground rent – if your property is leasehold this is the fee paid to the freeholder each year.

Stay tuned for H coming soon, or visit our online blog for the full A-Z glossary here. For more in depth information, please contact us or call Rachael on 01323 436680 and book a FREE initial consultation today.