Maintenance Charge: The costs that are incurred by a freeholder for repairing and maintaining internal and external communal parts of a building which is passed to the leaseholder..

Maisonette: a property that is arranged over more than one floor,but forming part of a shared property..

Mortgage: The sum of money which is advanced by a lender that is secured against a property..

Mortgage deed: The legal document relating to the mortgage lender ’s interest in the property and containing all terms and conditions of the mortgage..

Mortgage Rate: This is the rate of interest paid to the mortgage lender dependent upon what mortgage option has been chosen..