Jargon Buster
Understand property related jargon.
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
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IFA
Independent Financial Advisor.
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Individual Savings Account mortgage (ISA)
An interest-only mortgage linked to an Individual Savings Account fund, which is designed to pay off the loan at the end of the period.
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Inflation
The general rise in prices over time.
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Interest charges
The charges that banks make on a loan, calculated as a percentage of the amount borrowed.
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Interest-only mortgage
A type of mortgage in which the borrower only repays the interest on the loan for the duration of its term and repays the full loan amount at the end of the mortgage period.
