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

Letter A

Additional security

In the event borrowing exceeds a certain loan-to-value limits lenders can ask additional security.

The simplest form of additional security is another property which you are prepared to let the lender take a charge against.

Alternatively lenders may accept other security such as cash or shares being deposited with them or a charge over another property.