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What Is A Mortgage Indemnity Guarantee (MIG) And Will I Have To Pay It?: The Mortgage Indemnity Guarantee is also known as a Mortgage Indemnity Premium or High Lending Fee. It protects the lender against the risk of you defaulting on your mortgage debt.
Interest Rates Explained: APR is used to identify the true cost of borrowing and to provide you with a method of comparing the true costs of a loan.
The Mortgage Glossary: APR - This stands for Annual Percentage Rate and should be used to compare the costs of credit.
What is a Fixed Rate Mortgage?: A loan where the initial payments are based on a certain interest rate for a stated period and the rate payable will not change during that period regardless of changes in the lender's standard variable rate.
What Are Flexible Mortgages?: Generally, people rebroke their mortgage deal once every five or six years. They also may change their mortgage lender at the end of a discounted or fixed period. Chances are in that in the time between their last remortgage, the mortgage market will have changed a great deal.

What Is Conveyancing?

Conveyancing is the name of the legal process of transferring ownership from the seller to the buyer.

This is always carried out by a solicitor or licensed conveyancer, and when your offer on a property has been accepted, the seller's estate agent will need your solicitor's details so they can carry out the conveyancing process.

You have to pay all the solicitor’s costs, so before agreeing to use a particular solicitor, it is a good idea to obtain quotes from a number of solicitors to decide which firm you wish to use. You are perfectly within your rights to do this, as the procedure can be quite expensive, and shopping around is easy, simply ring up three or four solicitors for a quotation, or look on the internet and get an online quote.