Understanding The Jargon Behind Buying and Selling Your Home

Saving up for a deposit and finding a good mortgage is a tough job, even for those who have extensive knowledge of the property market. Establishing that you have the perfect deal for buying a house, or moving on to your second or third home, is a real financial skill.

However, dealing with the property market almost requires learning a completely new vocabulary. The buyer may be confronted with baffling or unusual terms such as engrossment, gazundering and IFAs, and the potential for confusion and mistakes before contracts are exchange and completion takes place is large.

So if you’re thinking of moving on, selling up, or getting yourself on that wonderful property ladder the solution can be found here. Take a look at ‘Understanding the jargon behind buying and selling your home’ – and get the answers to all your housing terminology queries.

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