Glossary of terms for property loans
- AST or Assured Shorthold Tenancy Agreement
- Tenancy agreement
- Annual rental uplift
- Net lease
- Property Specialist
- Refinance risk
- NHBC or New Home Builders Certificate
- Stamp duty land tax
- Report on title
- Valuation report
- Valuer
- Surveyor
- Leasehold
- Loan amortisation profile
- Debt service cover
- Rental yield
- Gross rental income
- Total estimated value
- Gross development value
- LTV = loan to value
- Property Investment Loan
- Property Development Loan