Higher Lending Charge

This charge is payable (usually added on to your loan) if you borrow more, for example, than 90% of the valuation or purchase price of your property.

Home Buyers Report

This is an intermediate-level survey which is usually offered by the mortgage lender and prepared by their own surveyor. The homebuyer's report comments on the structural condition of most parts of the property that are readily accessible, but it does not involve in-depth investigation or the testing of water, drainage or heating systems.

Home Contents Insurance

A policy insuring household contents against theft and damage.

Home Envirosearch

A report on detailed flood, subsidence and land contamination history for each UK neighbourhood.

Home Information Pack (HIP)

A government measure to speed up property sales with a pack provided by the seller containing a survey and local searches.

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