The Variations

• Cash-back
  Where the lender is offering to give the borrower a lump sum of cash back to help with their costs, (even to the point that the lump of cash is enough to pay the deposit, and is sent to the solicitor, so that he can use it to exchange contracts with).
  
  
• Buy to let
  Where the lender is offering to mortgage a property that the borrower is going to let out and receive a rental income from.
  
  
• Let to buy
  Where the borrower is letting out their existing property, and wants another mortgage for their new one.
  
  
• Self certification
  Where the lender allows a borrower to take responsibility for certifying their income level in order to borrow an amount that otherwise would be refused. This is always subject to at least a 20% deposit to protect the lender's security should the borrower overstretch themselves.
  
  
• Adverse credit
  Where the borrower has been refused a mortgage because of an event in the past which resulted in a non-payment of a debt or similar.