Glossary
Welcome to our glossary section.
If you're looking for the definition of a particular finance term or phrase, you can look it up here in our loans glossary. If the term or phrase you're looking for isn't listed, please let us know and we'll make sure it gets included.
Valuation
Summarises the processes involved in determining how much a particular property is worth. Mortgage lenders often carry out this procedure in the initial stages of a potential advancement.
