Tuesday, 14. July 2020

PROPERTY
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This is a request or enquiry relating to information about a property that is held by the local authority or a land registry department.


Semi-Detached
A property which is joined to one other house.
Service Charge
see Maintenance Charge
Sole Agent
This is a single estate agent entrusted with the sale of a property usually for an agreed term.
Solicitor
A legal expert who handles all documentations of a sale or purchase of a property.
Stamp Duty
A trax paid by the buyer for a property where the purchase price exceeds £ 60,000. The rates of duty paid ranges from 1% to 4% of the purchase price depending upon the total value of the property bought. Som areas may be exempt trom this charge depending on local conditions.
Structural Survey
See Building Survey
Studio Flat
A property that consists of one main room or open plan living area which incorporates both sleeping and cooking facilities generally with a seperate bathroom or shower room.
Subject to Contract
The term used to confirm that a transaction is not legally binding.
Surveyor
A professionally qualified expert who carries out any instructed survey.
 

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