ADGLMS

A

Affordability check: Lender or landlord assessment of whether payments are sustainable.

D

Deposit: Upfront cash contribution for purchase or tenancy security.

DTI (debt-to-income): Debt burden compared with earnings.

G

Guarantor: Person who agrees to cover payments if tenant/borrower cannot.

L

LTV: Loan-to-value ratio used in mortgage pricing and risk.

M

Mortgage stress test: Check affordability under higher assumed rates.

S

Service charge: Cost for upkeep in leasehold/shared buildings.

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