Jargon Buster - A
Advance
The amount of your mortgage
APR
An abbreviation for Annual Percentage Rate.
Arrangement Fee
The charge that may be made to cover the cost of providing a mortgage (not all of our mortgage products have an Arrangement Fee). This fee is normally charged to your mortgage account on completion
Asking price
The price the seller is asking for the property
ASU
Payment protection insurance. This covers mortgage payments when earnings are lost through accident, sickness or unemployment