Fair Rent

Rent determined by the Rent Service applicable to Regulated tenancies set according to local market conditions but any increase capped except where the landlord has made substantial improvements to the property by a formula based on the rate of...

FastPay

FastPay or Faster Payments Service (FPS) allows for payments from one bank to another bank virtually instantaneously. Although not every banks offers this service 95% of banks do.

Fittings

Fittings are items that are not attached to the building or land and are not subject to the sale unless they are specifically included carpets and curtains would normally be thought of as fittings

Fixed Rate Mortgage

Mortgage where the interest rate is fixed for an agreed period and it is unaffected by changes in the lender’s variable rate. At the end of this period interest on the mortgage will be charged at the lender’s variable...

Fixtures

Items on a building or land that have become part of the building or land and are therefore included in the sale. Usually physically fixed to the building such as shelves or fitted wardrobes. If it is firmly secured onto the land or house and cannot be removed without...