K

Key Facts Illustration

A Key Facts Illustration (KFI) refers to all the information regarding a mortgage product that is being considered. Mortgage providers must publish these details in a regular format to make it easier for customers to compare different lenders in the market.  All lenders are responsible for...

Key Undertaking

This is an agreement which allows the buyer access to carry out the works/redecoration before the date of actual completion ( usually only after  exchange of contracts ) on the basis that if anything goes wrong or damage is caused the purchaser  will indemnify the Seller against any...