Glossary
These are some of the most common property investment terms used, which property investors may not come across in everyday life.
Some of these terms can have more than one meaning, so we have applied the definition which applies most closely to the context it will be applied for, relating to property investment. If you believe there are any other property investment terms which are not included below but would benefit property investors, please contact us with further details of the term and relevant definition for our consideration.
Financial Services Authority (FSA)
The Financial Services Authority (FSA) is an independent non-governmental body, given statutory powers by the Financial Services and Markets Act 2000. The main aims that the Financial Services Authority has are to promote efficient, orderly and fair markets and helping retail consumers to achieve a fair deal. Property investors may come across mortgage/loan lenders, mortgage brokers and independent financial advisors who could all be regulated by the Financial Services Authority.
- Annual Percentage Rate (APR)
- Asset
- Assignable Contract
- Association of Residential Letting Agents (ARLA)
- Below Market value (BMV)
- Bridging Finance
- Brownfield Site
- Buy-To-Let
- Buy-To-Let Mortgage
- Buy-To-Sell
- Capital Appreciation
- Capital Gain
- Capital Gains Tax
- Chartered Surveyor
- Commercial Property
- Comparable Property
- Completed Property
- Contract Completion
- Contract Exchange
- Contract of Sale
- Conveyancing
- Deposit
- Depreciation
- Disbursements
- Discounted Property
- Diverse Portfolio
- Due Diligence
- Emerging Market
- Equity
- Established Market
- Estimated Value
- Financial Services Authority (FSA)
- Fixed Rate
- Flipping
- Freehold
- Furnishings
- Gearing
- Greenfield Site
- Gross Value
- Ground Rent
- Incentives
- Income Tax
- Independent Financial Advisor (IFA)
- Inheritance Tax
- Interest-Only Mortgage
- Landlord
- Leaseback Property
- Leasehold
- Liability
- Listed Building
- Loan-to-value (LTV)
- Market Value
- Mortgage
- Mortgage Deposit
- Net Value
- National House Builders Council (NHBC) Warranty
- Occupancy Rate
- Off-Plan Property
- Offer Price
- Personal Use
- Planning Permission
- Portfolio
- Prime Location
- Profit
- Property Market
- Property Purchase Tax
- Proven Value
- Purchase Process
- Re-Mortgage
- Refurbished Property
- Rental Guarantee
- Rental Review
- Rental Shortfall
- Rental Surplus
- Rental Value
- Rental Yield
- Repayment Mortgage
- Repossessed Property
- Reservation Fee
- Residential Mortgage
- Residential Property
- Return on Investment (ROI)
- Risk
- Royal Institution of Chartered Surveyors (RICS)
- Saturated Property Market
- Secured Loan
- Service Charge
- Self Invested Pension Plan (SIPP)
- Show Home
- Stage Payments
- Stamp Duty
- Tax Exemption/Relief
- Tenancy Agreement
- Tenant
- Tenanted Property
- Unsecured Loan
- Vacant Property
- Valuation
- Variable Rate
- Void Period