Know your file
Grow your score
Read our story
Log in
Sign up
Help Centre
Jargon Buster
Lump sum reduction
If you want to pay off a large part of your mortgage early, it’s called a
lump sum reduction
.
Other 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
Liability
Liability Order
Lifetime change
Loan to value (LTV)
Back to jargon buster