THE Yorkshire Building Society has conducted a survey to find out if people know what the many acronyms and abbreviations associated with mortgages mean.

When health workers were asked what some of the mortgage acronyms stand for, their responses included:

APR - Average Pulse Rate.

LTV - Little Toe Verucca.

MRP - Might Require Plaster.

SVR - Small Vallium Required.

Respondents in their early 20s gave different responses based on acronyms used in personal advertisements and in text messaging:

APR - Another Pint Required.

LTV - Loves Television.

MRP - Meal Required Pronto.

SVR - Still Very Raunchy.

The acronyms actually mean the following:

APR - Annual Percentage Rate.

LTV - Loan To Value.

MRP - Mortgage Risk Payment.

SVR - Standard Variable Rate.