Mortgages
A mortgage product where the outstanding balance doesn't change with your regular payments.
What is an Interest Only Mortgage?
The maximum amount you can pay into a Cash ISA per tax year (assuming you have not paid into Stocks and Shares ect)
What is £20,000.00?
What is Instant Access Account?
The Cambridge Building Society has existed since then.
When is 1850?
What is 10 years old?
What is the product tab?
The customer requests to do this at another financial provider.
What is an ISA transfer out (or APS if you are feeling like a smartass)?
What is the website?
The people the CAMbens account is available to.
Who are University of Cambridge staff?
The instruction on a Power of Attorney where the attorneys can only act individually.
What is severally?
Buying a bigger share of your home when you have shared ownership.
What is Staircasing?
Commercial Assurance completes these for our HMRC reporting regarding ISAs.
A CTF maturity has to deal with this amount of the funds.
What is the Full Balance?
The rate that the 60 Day Notice ISA account pays RIGHT NOW.
What is 2.15%?
The scenarios when a Registered Contact could be registered on an account. (IE what types of account, what procedure would you use it for)
What are Child Trust Funds, Deceased accounts, and mortgage accounts?
Confirmation from a mortgage lender of how much they're willing to lend.
What is a Decision in Principle?
A child can take on this Third Party role on their CTF when they turn 16.
What is a Registered Contact?
You have to read this to the customer when processing a maturity instruction to product switch over the phone.
What is the Product Switch/ISA IDD?
The process you have to do after getting KUUTD forms and ID for a Dormancy Account, along with product switching it.
What is a manual interest adjustment?
A Power of Attorney/Deputy can set this up for a customer, but other Third Parties can't.
What is a nominated account?
These mortgage products never have Early Repayment Charges.
What are discount rate mortgages?
A variety of ISA where you can withdraw funds and regain that amount of your yearly ISA allowance (we don't do these)
What is a Flexible ISA?
The methods business bond customers can use to give us instructions.
What are post and secure messages?
The methods which you CAN'T use for withdrawing from an E-Saver (list em)
What are cheques, cash, phones, and branches?
The people that must have signed an unregistered Enduring PoA for us to be able to register it on our systems.
Who are the donor, attorneys, and witness?