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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.