Entries for R:
| Rate Tart - Colloquial term for one who switches from credit card to credit card to take advantage of introductory offers, usually balance transfers | Rebuilding Cost - An insurance term used to describe the amount of money needed to rebuild a property from scratch. This should be the sum insured for rather than the market value of the property | |
| Redemption Charge - A fee charged by a lender when finance is cleared before the agreed term, to compensate the lender for the loss of interest payments | Repossessed Property - Property that has been repossessed by a mortgage lender after the borrower failed to keep up with repayments. Often subsequently sold at auction for less than the market value | |
| Right to Buy Mortgages - A type of mortgage specifically for council tenants who wish to buy their home under Right to Buy legislation | Risk Based Pricing - The practice of varying the APR offered to finance applicants depending on their credit rating |
