The language of homebuying
You might not be familiar with all the legal and financial terms involved in the process of buying a home. Some of the key words and phrases used are briefly explained here. Should you have any queries do not hesitate to speak to us.
Click on the letter to narrow your search: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
A
Absolute Title
Complete and outright ownership of a property.
Advance
A sum of money lent enabling the borrower to purchase a property (usually by a bank, building society or similar organisation).