N |
| Non Block Buildings Insurance If a borrower arranges their own buildings insurance, a lender may charge an administration fee and then an annual charge for reviewing the policy. Non-Conforming Lender A company who lends money to borrowers who have a poor credit history/rating. The borrowers may be bankrupt and/or have county court judgements/decrees etc. Also known as sub-prime lending. Non Status Income not required to be declared on an application form by a lender. |