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Tag: Property Terms
BISF Houses – The Complete Guide
23rd February, 2022
We’ve mentioned before but whilst it’s not impossible to get a mortgage on a BISF property, it is more difficult.
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Gazundering – What Is It and How to Avoid It?
9th February, 2022
Whether you’re buying or selling a house, chances are you’ve heard of the term ‘gazumping’ at some stage. But have you heard of its antonym, gazundering?
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What is Gazumping?
7th February, 2022
Gazumping is one of those terms that exists only within the property industry. It tends to come up during the purchase of a property, and is a term many buyers...
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What Does Best And Final Mean in Property
10th January, 2022
In today’s property market, ‘best and final’ is a term that’s becoming more and more popular. Demand for housing has remained strong whilst supply has been quite restricted, which has...
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What Does Under Offer Mean?
3rd December, 2021
Under offer are two words that appear frequently in the property industry. Their meaning isn’t always quite clear. You may have found yourself thinking ‘what does under offer actually mean?’...
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What Does POA Mean in Property?
12th November, 2021
It can sometimes feel like the property industry is packed with jargon and acronyms. POA is one of those terms that crops up every so often and leaves the layman...
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Difference Between Leasehold and Freehold Property
17th August, 2021
Whilst flats are becoming less popular in the UK many homeowners own a leasehold as opposed to a freehold property. These terms might seem arbitrary, but they have a huge...
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Everything You Need to Know About Property Chains
6th July, 2021
A property chain is created when a number of buyers and sellers are linked together because their property purchase or sale depends on another transaction.
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