Email Address

Password

Date of Birth

Forgotten Password?

The UK's only Multi Agency Credit Report

Take a FREE 30-day no obligation trial today. Call us on 0800 612 0421 for assistance.

Your Free
Credit Report

Your Free
Credit Score

Find A
Credit Card

Debt Advice Centre

Check Any Postcode

Free Identity Theft Check

FREE Multi Agency Credit Report

See more than twice the information compared to any other UK Credit Report

Our Credit Report Monitoring service features:

Multi Agency Credit Reports

FREE Credit Score & Rating

FREE Identity Theft Assistance

Independent, Impartial, Expert Advice

More about Multi Agency Credit Reports

Endowment Mortgage

Definition of 'Endowment Mortgage'

An interest only mortgage where the capital is expected to be repaid by the proceeds of an insurance policy on maturity. Complicated financial products which combine life insurance and investment growth in one package. Essentially, you do not repay any of the capital you borrow during the term of the loan, but the endowment policy should grow to produce a lump sum large enough to repay the balance in full at the end of the pre-agreed period, normally 25 years.

Your monthly payments are made up of interest on your mortgage loan and the premium for the endowment. Within the package you also pay for life insurance which will repay the loan if you die but there is no guarantee your endowment will pay off your mortgage.

Browse All Definitions

Use the links below to locate the term you are looking for. If you can't locate it, please get in touch.

Credit Jargon Starting 'A'

Accident Sickness And Unemployment Insurance

Additional Cardholder

Administration Order

Agreement In Principle

Annual Equivalent Rate

Annual Percentage Rate

Annuity Mortgage

Application Score

Application Search

Arrangement Fee

Arrangement To Pay

Attachment Of Earnings Order

Credit Jargon Starting 'B'

Building Society

Credit Jargon Starting 'C'

Capital And Interest Mortgage

Capitalised Interest

Card Protection

Charge Over Equitable Interest

CIFAS Case Type

Consolidation Loan

Consumer Credit Act 1974

Consumer Credit Trade Association.

Cooling Off Period

County Court Judgment (CCJ)

Court Information

Credit Agreement

Credit Card Cheques

Credit Impaired

Credit Reference

Credit Jargon Starting 'D'

Deed Release Fee

Delinquent Account

Deposit Account

Discounted Rate Mortgage

Dynamic Delinquency

Credit Jargon Starting 'E'

Early Repayment Penalty

Endowment Mortgage

Endowment Policy

Extended Credit Taker

Credit Jargon Starting 'F'

Financial Association

Financial Ombudsman Service

Financial Services Authority (FSA)

Fixed Rate Mortgage

Forced Sale Value (FSV)

Further Advance

Credit Jargon Starting 'G'

Garnishee Order

General Insurance Standards Council (GISC)

Geodemographic Data

Gone Away Information Network (GAIN)

Credit Jargon Starting 'H'

Health Insurance

Higher Lending Fee

Household Score

Credit Jargon Starting 'J'

Joint And Several

Credit Jargon Starting 'K'

Kerbside Valuation

Credit Jargon Starting 'L'

Lending Multiplier

Lump Sum Reduction

Credit Jargon Starting 'M'

Money Laundering

Mortgage Indemnity Insurance

Mortgage Payment Protection

Mortgage Valuation

Credit Jargon Starting 'N'

Negative Equity

Non Status Mortgage

Notice Of Arrears

Notice Of Correction

Notice Of Default

Notice Of Default Sums

Credit Jargon Starting 'O'

Offset Mortgage

Oral Examination

Overdraft Limit

Credit Jargon Starting 'P'

Payment Holiday

Payment Protection

Payment Protection Insurance (PPI)

Pension Mortgage

Portable Mortgage

Principles Of Reciprocity

Proof Of Income

Propensity Score

Protective Registration

Public Information

Credit Jargon Starting 'R'

Redemption Penalty

Repayment Mortgage

Credit Jargon Starting 'S'

Scottish Decree

Search Footprint

Second Mortgage

Self Certification

Shared Ownership

Standard Variable Rate

Sub Prime Credit

Subject Access Request

Subsequent Mortgage

Credit Jargon Starting 'T'

Third Party Data (TPD)

Tracker Mortgage

Trade Organisation

Credit Jargon Starting 'U'

Credit Jargon Starting 'V'

Victim Of Impersonation

Credit Jargon Starting 'W'

Warrant Of Execution

Free Credit Report

6 Years Credit History

Your Credit Rating FREE

Electoral Roll Check

Court Record Comparison

Check for Identity Theft

Other Free Services

Credit Score & Rating

Debt Advice Centre

Check Any Postcode

Identity Theft Check

Useful Links

Published Articles

Site Information

Terms & Conditions

Accepted Payment Methods: VISA, MasterCard and Direct Debit

© Copyright Credit Reporting Agency Ltd 2000 to 2012. All Rights Reserved.

United Kingdom