Useful Abbreviations
ACORN A Classification Of Residential Neighbourhoods
APR Annual Percentage Rate
ARLA Association of Residential Letting Agents
ASA Advertising Standards Authority
AST Assured Shorthold Tenancy (agreement)
AT Assured Tenancy (agreement)
BC Borough Council
BI Buildings Insurance
BMV Below Market Value
BOE Bank Of England
BS Building Society
BSA Building Society Association
BTL Buy To Let
BTS Buy To Sell
BWPDA British Wood Preserving and Damp Proofing
Association
CAB Citizens Advice Bureau
CCA Consumer Credit Association
CAGR Compound Annual Growth Rate
CC County Council
CCJ County Court Judgement
CGT Capital Gains Tax
CH Central Heating
CML Council of Mortgage Lenders
COCR Cash On Cash Return
CORGI Confederation For Registration of Gas Installers
CPI Consumer Price Index
CPO Compulsory Purchase Order
CT Council Tax
DD Due Diligence
DEA Domestic Energy Assessor
DP Data Protection
DPC Damp Proof Course
DPM Damp Proof Membrane
DSCR Debt Service Coverage Ratio
DTI Department of Trade and Industry
EA Estate Agent
EDMO Empty Dwelling Management Orders
EOT End Of Terrace
EPC Energy Performance Certificate
ERP Early Redemption Penalty
ERM Exchange Rate Mechanism
E&OE Errors and Omissions Excepted
FAS Financial Accounting Standards
FF Finders Fee
FMV Full Market Value
FLEA Fire, Lightning, Earthquake, Aircraft (insurance)
FSA Financial Services Authority.
FSS Full Structural Survey
FTB First Time Buyer
GDP Gross Domestic Product
GDV Gross Development Value
GNP Gross National Product
GR & NR Gross & Net Return
HA Housing Authority
HHSRS Housing Health and Safety Rating System
HIPS Home Information Packs
HMO House of Multiple Occupancy
HMRC Her Majesties Revenue & Customs
HOS Housing Ombudsman Service
HPC House Price Crash
HPI House Price Index
IFA Independent Financial Advisor
IHT Inheritance Tax
IO Interest Only (mortgage)
IR Inland Revenue
IRR Internal Rate Of Return
ISA Individual Savings Account
JV Joint Venture
LA Local Authority
LHA Local Housing Authority
LIBOR London Interbank Offered Rate
LL Landlord
LR Land Registry
LTB Let To Buy
LTV Loan To Value
LVT Leasehold Valuation Tribunal
NAEA National Association of Estate Agents
NALS National Association of Letting agents
NI National Insurance
NLA National Landlords Association
NMD No Money Down
NOI Net Operating Income
NPV Net Present Value
ODPM Office of the Deputy Prime Minister
OFT Office of Fair Trading
OMV Open Market Value
OO Owner Occupier
PA Per Annum / Personal Assistant
PCM Per Calendar Month
PI Professional Indemnity (insurance)
PP Planning Permission
PP Payment Protection Insurance
PPR Principle Private Residence
P&L Profit & Loss
REIT Real Estate Investment Trust
RI Rental Income
RICS Royal Institute of Chartered Surveyors
ROC Return On Capital
ROE Return On Equity
ROI Return On Investment
RPI Retail Price Index
RR Rent Review
R&D Research And Development
R&M Repair and Maintenance
SD Stamp Duty
SDLT Stamp Duty Land Tax
SSTC Sold Subject To Contract
STC Subject To Contract
STR Sell To Rent
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{ 1 comment… read it below or add one }
thanks for sharing. intresting stuff.