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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

D

deposit - the money paid over on exchange of contracts. The size of your deposit may determine which lenders will offer you a mortgage.

direct mortgages - homeloans sold exclusively over the phone.

disbursements - the name for all the various costs a solicitor will detail on his or her bill to you for carrying out the legal work on your home purchase.

discharge fee - a fee charged by a lender for releasing its charge over a property once you have paid off your loan. You may incur this fee if you remortgage to another lender.

discounted rate - a variable interest rate that is consistently a certain percentage below the lender's standard variable rate.

drawdown facility - the ability to borrow extra money through your mortgage at a later date.


ADVICE TO READERS
While this website is checked for accuracy, we are not liable for any incorrect information included. We recommend that you make enquiries based on your own circumstances and, if necessary, take professional advice before entering into transactions.

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www.islamicfinancegazette

www.emiratesinvestor.com


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