10-10-2007
Your Move Property Awards 2007 Glory
10-08-2007
23-07-2007
SEE THE CITY FROM A DIFFERENT VIEW
Here at City Residential, we realise that not everybody gets as excited about property as we do, so we have devised a glossary to explain the commonly used terms and links to relevant sections on our website.
Please browse through the sections below to find out the meanings behind the terms you don't understand
A
ARLA - The Association of Residential Letting Agents is a professional body for Estate Agents associated with lettings, and offers advice and guidelines for tenants and landlords. Letting Agents such as City Residential abide by a strict code of conduct.
Appraisals - City Residential can advise you of the value and true potential of a piece of land or a building, and offer a wide range of services including market analysis, strategy reports, and planning investigations.
B
Bridging - For people buying and selling property within a short period of time, a traditional mortgage takes too long to arrange. The answer is a short term loan, known as bridging finance, which is specifically for property buying and selling. Bridging finance is ideal for investors buying off plan property, to sell once the build is completed.
Buy To Let - A second or additional property bought to rent out rather than live in. The rent charged for the property covers the mortgage and upkeep of the property, and so generates an additional income for the owner. Buy to let properties are popular in university towns and cities where there are students looking for accommodation, and in holiday and tourist destinations where visitors look for short term and holiday accommodation.
Buy To Let Mortgage - A type of mortgage designed for people who want to buy a property to rent out, as a way of making money.
C
Commercial - The City Residential Commercial Team cover all aspects of commercial property, including sales, lettings, acquisitions and investments. Whether you are looking to buy, sell or lease or rent a commercial property, City residential can help you.
D
Design - Our experienced team of interior designers can help you to create your perfect home. From furnishing a buy to let property to making a show home more attractive to potential buyers, why not let our designers help?
Development Appraisal - Our team of experts can help you realise the potential of a piece of land, or make better use of an existing building. Whether you require financial advice or help with the development, City Residential can help.
E
Estate Agent - An Estate Agent sells and rents property and land on behalf of others. They list of domestic and commercial properties available for sale and rent, allowing customers to find what they are looking for. Estate Agents know the local area and the housing market, and can advise on all issues of renting, buying and selling property.
Glossary Pages