/ˈmɔːrɡɪdʒ/
mort·gage
BrE /ˈmɔːɡɪdʒ/
NAmE /ˈmɔːrɡɪdʒ/
(also informal ˌhome ˈloan)
a legal agreement by which a bank or similar organization lends you money to buy a house, etc., and you pay the money back over a particular number of years; the sum of money that you borrow
to apply for/take out/pay off a mortgage
mortgage rates (= of interest)
a mortgage on the house
a mortgage of £60 000
monthly mortgage payments
Moving house
Renting
live in a rented/(especially NAmE) rental property
rent/share/move into a furnished house/(BrE) flat/(especially NAmE) apartment
rent a studio/(BrE) a studio flat/(especially NAmE) a studio apartment/(BrE) a bedsit
find/get a housemate/(BrE) a flatmate/(NAmE) a roommate
sign/break the lease/rental agreement/contract
extend/renew/terminate the lease/(BrE) tenancy
afford/pay the rent/the bills/(NAmE) the utilities
(especially BrE) fall behind with/ (especially NAmE) fall behind on the rent
pay/lose/return a damage deposit/(NAmE) security deposit
give/receive a month’s/two-weeks’ notice to leave/vacate the property
Being a landlord
have a flat/apartment/room (BrE) to let/(especially NAmE) for rent
rent (out)/lease (out)/ (BrE) let (out)/sublet a flat/apartment/house/property
collect/increase/raise the rent
evict the existing tenants
attract/find new/prospective tenants
invest in rental property/(BrE) property to let/(BrE) the buy-to-let market
Buying
buy/acquire/purchase a house/(a) property/(especially NAmE) (a piece of) prime real estate
call/contact/use (BrE) an estate agent/(NAmE) a Realtor™/(NAmE) a real estate agent/broker
make/ (BrE) put in an offer on a house
put down/save for (BrE) a deposit on a house
make/put/save for (especially NAmE) a down payment on a house/home
apply for/arrange/take out a mortgage/home loan
(struggle to) pay the mortgage
make/meet/keep up/cover the monthly mortgage payments/(BrE also) repayments
(BrE) repossess/ (especially NAmE) foreclose on sb’s home/house
Selling
put your house/property on the market/up for sale/up for auction
increase/lower your price/the asking price
have/hold/hand over the deed/(especially BrE) deeds of/to the house, land, etc.
mort·gage
BrE /ˈmɔːɡɪdʒ/
NAmE /ˈmɔːrɡɪdʒ/
~ sth
to give a bank, etc. the legal right to own your house, land, etc. if you do not pay the money back that you have borrowed from the bank to buy the house or land
He had to mortgage his house to pay his legal costs.