Whether you've bought or sold a property before or not, there's lots of lingo to get your head around. Hopefully my explanations of these terms will help you.
This indicates a tenancy agreement when the annual rent on a property is over £25,000 and is known as a contractual tenancy.
See Additional Security Fee
House in Multiple Occupation – bedsits come under this category. They are the subject to more rules and regulations than the average property
This is also known as a seller pack and have been legally required on all properties that are sold in on the open market since Dec 14th 2007. You have to have one as you cannot sell most properties without one so whether you question their value as most do or not its best to get one in plenty of time.
Related: Top ten selling tips, What is the process of selling my home on Tepilo?, What is your home worth?
