This post will be one that pulls together property investment jargon, three letter acronyms (TLAs) and other common terms that get banded about. If you would like a spreadsheet with all of these listed, or if you spot any that are missing, then just drop us an email: admin@thepropertyvoice.net
Similarly - if you see some value in a further explanation of some of these terms, then drop a note in the comment box below as to which ones and we will look to develop the list over time too...if there is enough interest that is 😉
Property Investment Jargon - Abbreviations:
APR - Annual Percentage Rate
ARLA - Association of Residential Letting Agents
ASA - Advertising Standards Authority
AST - Assured Shorthold Tenancy
AT - Assured Tenancy (agreement)
B2B - Business to business
B2C - Business to consumer
BA -Benefits Agency
BC - Borough Council
BI - Buildings Insurance
BMV - Below Market Value
BOE - Bank Of England
BREEAM - Building Research Establishment Environmental Assessment Methodology
BRR - Buy Refurbish Refinance
BS - Balance Sheet
BS - Building Society
BTL - Buy To Let
BTS - Buy To Sell
BTT - British Timber Treatment
CAB - Citizens Advice Bureau
CAGR - Compound Annual Growth Rate
CC - County Council
CCA - Consumer Credit Association
CCJ - County Court Judgement
CfSH - Code for Sustainable Homes
CGT - Capital Gains Tax
CH - Central Heating
CIL - Community Infrastructure Levy
CMDC - CDM Coordinator
CML - Council of Mortgage Lenders
COCR - Cash On Cash Return
CPA - Chartered Financial Planner
CPI - Consumer Price Index
CPO - Compulsory Purchase Order
CT - Corporation Tax
CT - Council Tax
D&B - Design and Build
DEVT/S - Development/s
DG - Double Glazing
DPA - Damp Proofing Association
DPC - Damp Proof Course
DPM - Damp Proof Membrane
DSCR - Debt Service Coverage Ratio
DSS - Department of Social Security
DTI - Department of Trade & Industry
E&OE - Errors and Omissions Excepted
EA - Estate Agent
EDMO - Empty Dwelling Management Orders
EIA - Environmental Impact Assessment
EOT - End Of Terrace
EPC - Energy Performance Certificate
ERC - Early Redemption Clause
ERP - Early Redemption Penalty
ERRP - Expected Rapid Realisation Price
ERV - Estimated Rental Value
ETP - End Terrace Property
FB - Finance Broker
FCA - Financial Conduct Authority
FF - Finders Fee
FFL - Finished floor level
FHL - Furnished Holiday Let
FLEA - Fire, Lightning, Earthquake, Aircraft (insurance)
FMV - Full Market Value
FOREX - Foreign Exchange
FSA - Financial Services Authority.
FSS - Full Structural Survey
FTB - First Time Buyer
FTI - First Time Investor
FV - Future Value
GDV - Gross Development Value
GEA - Gross External Area
GIA - Gross Internal Area
GLA - Greater London Authority
GR - Gross Return
HA - Housing Authority
HB - Housing Benefit
HHSRS - Housing Health and Safety Rating System
HIPS - Home Information Packs
HMO - House of Multiple Occupation
HMRC - Her Majesties Revenue & Customs
HPC - House Price Crash
HPI - House Price Index
IC - Instalment Contract
IFA - Independent Financial Advisor
IHT - Inheritance Tax
IO - Interest Only (mortgage)
IR - Inland Revenue
IRR - Internal Rate of Return
IT - Income Tax
JV - Joint Venture
JVP - Joint Venture Partner
L2R - Let To Rent
LA - Local Authority
LHA - Local Housing Authority
LL - Landlord
LO - Lease Option
LR - Land Registry
LTB - Let To Buy
LTBH - Long Term Buy & Hold
LTV - Loan To Value
MEW - Mortgage Equity Withdrawal
MTP - Mid (middle) Terrace Property
NAEA - National Association of Estate Agents
NALS - National Association of Letting agents
NDA – Non-Disclosure Agreement
NETA - None Existent Tenancy Agreement
NHBC - National House-Building Council
NI - National Insurance
NIA - Net Internal Area
NLA - National Landlords Association
NMD - No Money Down
NMLI - No Money Left In
NPV - Net Present Value
NR - Net Return
OFT - Office of Fair Trading
OMV - Open Market Value
OO - Owner Occupier
OPM - Other People's Money
OPP - Outlying Planning Permission
P&L - Profit & Loss
PA - Per Annum
PAT - Portable Appliance Testing
PCL - Prime Central London
PCM - Per Calendar Month
PI - Professional Indemnity (insurance)
PM - Project Manager
PMT - Payment
PNC - Property Networking Club
PP - Purchase Price
PPR - Principle Private Residence
PRS - Private Rental Sector
PV - Photovoltaic (solar panels)
QS - Quantity Surveyor
R&D - Research & Development
R&M - Repair and Maintenance
R2R - Rent To Rent
RI - Rental Income
RIBA - Royal Institute of British Architects
RICS - Royal Institute of Chartered Surveyors
RLA - Residential Landlords Association
ROCE - Return On Capital Employed
ROE - Return On Equity
ROI - Return On Investment
RPI - Retail Price Index
RR - Rent Review
RT - Regulated Tenancy (agreement)
RTB - Right To Buy
SD - Stamp Duty
SDLT - Stamp Duty Land Tax
SFO - Serious Fraud Office
SIPP - Self-Invested Personal Pension
SQF - Square feet
SQM - Square Metres / Miles
SSTC - Sold Subject To Contract
STC - Subject To Contract
STR - Sell To Rent
STR - Short Term Rental
TA - Technical Analysis
TB - Tenant Buyer
TBA - To Be Agreed
TBC - To Be Confirmed
TDS - Tenancy Deposit Scheme
TPO - The Property Ombudsman
VAT - Value Added Tax
VOA - Valuation Office Agency
YOC - Yield on Cost
Have we missed any property investment jargon...?