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The Mortgage Route A to Z Letter S

This glossary or A to Z should help clear up any confusion as to what terms mean what in the mortgage and insurance industry

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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 S


Section 32 buy-out bond

Search fees

Search indemnity fee

Search indemnity premium

Schedule of payments

Sealing fee

Second charge

Second home

Second mortgage

Second jobs

Self-build

Self-certification or Self-Cert

Self employed

Semi-commercial

Shared ownership

Sickness and unemployment cover

Sitting tenant

Sole occupancy

Special conditions

Special status or non-status

Stabilised rate

Stamp duty

Standard construction

Standard property

Start-up business

Structural building survey

Studio flat

Sum assured

Survey fee

FSA declaration and important text about mortgage advice