Home Buy Jargon buster

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Jargon Buster

Understand property related jargon

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

  1. Offer

    A sum of money that the buyer offers to pay for a property.

  2. Offer of a loan

    A formal document approving the mortgage you have requested and detailing the Terms and Conditions that will apply.

  3. Office copy entry

    An official document from the Land Registry confirming ownership of and borrowings against a property.

  4. Open market value

    The price a property should achieve where there is a willing buyer and willing seller.

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