|Independent Financial Adviser||
Someone that has undergone specific training and has obtained specific qualifications to become a financial adviser and to act independently without being tied to only recommending the products of any particular lender.
The fee charged for borrowing money
|Interest Only Mortgages||
There are 2 ways of repaying a mortgage; capital repayment or interest only.
Interest only mortgage is where you pay off the Interest on the mortgage loan only and are not paying off any of the loan itself. Often tied in with some other investment vehicle to cover the initial loan amount at the end of the mortgage term.
The percentage of a loan paid, per year, by the borrower to the lender.
To die without leaving a valid will: opposite meaning is to die Testate.
An outlay of cash or credit with an expected return.
However the outlay of cash is only a true investment where thorough analysis has taken to place. In not analysis has taken place, this is pure speculation of gambling.