Welcome to the Just Do Property Jargon Buster……A complete glossary of terms that you need to know when you’re involved with property! Browse the list below, Select a Letter or use the Search Facility.
Person, group or company that has the right to let that property to a tenant (person or business).
A growing number of local authorities are introducing voluntary private landlord accreditation schemes, as are universities for student lets, and landlord associations.
Generally landlords who belong agree to adhere to given standards in return for being able to say they are accredited
Building and Contents insurance that is specific to the rental of property by a landlord rather than for normal residential living.
Also see:Building Insurance, Contents Insurance
Tax allowance originally introduced for Individual Landlords in April 2004 and which now covers loft insulation, cavity wall insulation, solid wall insulation, draught proofing, hot water system insulation, and floor insulation.
The allowance was extended to Corporate landlords in 2008.
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Do you think of the legal requirements around property as a maze? Being prepared for the next stage of the legal progression gives you confidence and knowledge. Knowing what comes next saves a lot of time and worry!
