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Acronyms & abbreviations - dictionary for newbies
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tbs624
Posts: 10,816 Forumite
Some newer posters get befuddled about the many acronyms used by us all on this board.
Anyone want to help get a list up and running? Here's a start:thanks to those who have made suggestions
AIP = Agreement in principle (from mortgage lender - see alt. DIP)
ARLA - Association of Residential Lettings Agents
AST = Assured Shorthold Tenancy (Eng/Wales)
BR = Building Regs OR Bankrupt
BTL = Buy To Let
CGT - Capital Gains Tax
CML = Council of Mortgage Lenders
CT- Council Tax
CTL= Consent to Let
DCA = Debt Collection Agency
DEA = Domestic Energy Assessor
DIP = Decision in Principle (from Mortgage Lender) see alt.AIP
DPA = Data Protection Act
DPS - Deposit Protection Scheme ( one of three which are Govt approved)
EA = Estate Agent
E&W = England & Wales (as opposed to Scotland)
EHO - Environmental Health Officer
EPC - Energy Performance Certificate
FENSA = Fenestration Self-Assessment Scheme ( glass windows/doors)
FH= Freehold
FW&T = fair wear and tear
FTB = First time buyer
GSC = gas safety certificate - legal requirement for all tenanted properties
GSR = Gas Safe Register
HA- Housing Association
HA04 = Housing Act 2004
HB = Housing Benefit ( now LHA)
HBRS = House Buying, Renting & Selling (this Board)
HCR- Home Condition Report
HHSRS - Housing Health & Safety Rating System
HMO = House in Multiple Occupation
HMRC = Her Majesty's Revenue & Customs, formerly Inland Revenue
HPC - House Price Crash (website & forum)
HPI = House Price Inflation
HR = Home Report (required for property sales in Scotland only)
HSE = Health & Safety Executive
HSV- Homebuyer Survey and Valuation (also known as a Homebuyers Report)
HTH - Happy to help/hope this helps
IR = interest rate
J&SL = Joint and Several Liability ( ie landlord may enforce the terms against all or any of the named individuals.)
LA = Letting Agent or Local Authority
LH= Leasehold
LHA = Local Housing Allowance
LL = landlord
LR = Land Registry
LTA85 = Landlord and tenant act 1985
LTA87 = Landlord and tenant act 1987
MSE - Money Saving Expert
NAEA = National Association of Estate Agents
NALs = National Approved Letting Scheme
NICEIC = National Inspection Council for Electrical Installation Contracting
NLA = National LL Association
OEA = Ombudsman for Estate Agency now the Property Ombudsman (see TPO)
OFT = Office of Fair Trading
OO= Owner Occupier
OP = Original Post(er) in a thread
PRHP - Private Rented Housing Panel (Scotland - enforces the repairing standard)
PP= Planning Permission
PRS = Private Rented Sector or
PSR = Private Sector Rental
RICS = Royal Inst of Chartered Surveyors
RAC= Rent Assessment Committee
RLA = Residential LL Association
RM - Rightmove
RTB - Right to Buy
SAT = Short Assured Tenancy (Scotland)
SD = Stamp Duty
SPIF - Sellers Property Information Form
SPT/SPA - Statutory Periodic Tenancy/Agreement
SRA = Solicitors Regulation Authority
STR = Sell To Rent
T= Tenant
TA= tenancy agreement
TDS - tenancy deposit scheme (general) or The Dispute Service(specific)
TPO = The Property Ombudsman, formerly the OEA OR alt. a Tree Preservation Order
TRO = Tenancy Relations Officer
I got stuck many threads ago on HUTH - Homes Under the Hammer, apparently;)
Anyone want to help get a list up and running? Here's a start:thanks to those who have made suggestions
AIP = Agreement in principle (from mortgage lender - see alt. DIP)
ARLA - Association of Residential Lettings Agents
AST = Assured Shorthold Tenancy (Eng/Wales)
BR = Building Regs OR Bankrupt
BTL = Buy To Let
CGT - Capital Gains Tax
CML = Council of Mortgage Lenders
CT- Council Tax
CTL= Consent to Let
DCA = Debt Collection Agency
DEA = Domestic Energy Assessor
DIP = Decision in Principle (from Mortgage Lender) see alt.AIP
DPA = Data Protection Act
DPS - Deposit Protection Scheme ( one of three which are Govt approved)
EA = Estate Agent
E&W = England & Wales (as opposed to Scotland)
EHO - Environmental Health Officer
EPC - Energy Performance Certificate
FENSA = Fenestration Self-Assessment Scheme ( glass windows/doors)
FH= Freehold
FW&T = fair wear and tear
FTB = First time buyer
GSC = gas safety certificate - legal requirement for all tenanted properties
GSR = Gas Safe Register
HA- Housing Association
HA04 = Housing Act 2004
HB = Housing Benefit ( now LHA)
HBRS = House Buying, Renting & Selling (this Board)
HCR- Home Condition Report
HHSRS - Housing Health & Safety Rating System
HMO = House in Multiple Occupation
HMRC = Her Majesty's Revenue & Customs, formerly Inland Revenue
HPC - House Price Crash (website & forum)
HPI = House Price Inflation
HR = Home Report (required for property sales in Scotland only)
HSE = Health & Safety Executive
HSV- Homebuyer Survey and Valuation (also known as a Homebuyers Report)
HTH - Happy to help/hope this helps
IR = interest rate
J&SL = Joint and Several Liability ( ie landlord may enforce the terms against all or any of the named individuals.)
LA = Letting Agent or Local Authority
LH= Leasehold
LHA = Local Housing Allowance
LL = landlord
LR = Land Registry
LTA85 = Landlord and tenant act 1985
LTA87 = Landlord and tenant act 1987
MSE - Money Saving Expert
NAEA = National Association of Estate Agents
NALs = National Approved Letting Scheme
NICEIC = National Inspection Council for Electrical Installation Contracting
NLA = National LL Association
OEA = Ombudsman for Estate Agency now the Property Ombudsman (see TPO)
OFT = Office of Fair Trading
OO= Owner Occupier
OP = Original Post(er) in a thread
PRHP - Private Rented Housing Panel (Scotland - enforces the repairing standard)
PP= Planning Permission
PRS = Private Rented Sector or
PSR = Private Sector Rental
RICS = Royal Inst of Chartered Surveyors
RAC= Rent Assessment Committee
RLA = Residential LL Association
RM - Rightmove
RTB - Right to Buy
SAT = Short Assured Tenancy (Scotland)
SD = Stamp Duty
SPIF - Sellers Property Information Form
SPT/SPA - Statutory Periodic Tenancy/Agreement
SRA = Solicitors Regulation Authority
STR = Sell To Rent
T= Tenant
TA= tenancy agreement
TDS - tenancy deposit scheme (general) or The Dispute Service(specific)
TPO = The Property Ombudsman, formerly the OEA OR alt. a Tree Preservation Order
TRO = Tenancy Relations Officer
I got stuck many threads ago on HUTH - Homes Under the Hammer, apparently;)
0
Comments
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RM - Rightmove0
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HMRC = Her Majesty's Revenue & Customs, formerly Inland Revenue
E&W = England & Wales (as opposed to Scotland)0 -
LA also = Local Authority
TBH, IMHO, it's the general acronyms that confuse me most, IYKWIM.0 -
NAEA = National Association of Estate Agents
TPO = The Property Ombudsman, formerly the
OEA = Ombudsman for Estate Agency0 -
And the most important one for a lot of new people.......
FTB = First Time Buyer!!0 -
How *could* I have missed DEA and EPC off the original list?
Both very useful
0 -
HR = Home Report (required for property sales in Scotland only)0
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Any more suggestions folks?
0 -
HMO = House in Multiple Occupation
HA04 = Housing Act 20040
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