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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. NHBC scheme (National House-Building Council)

    A type of building guarantee available on some newly built homes under which defects occurring within a specified time after construction are remedied.

  2. Negative equity

    A situation in which the value of a property has fallen to below the level of the loan secured on it.

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