Do you know your GDV from your LTV, your Section 21 from your Section 8 and your ROI from your SVR?
If not, never fear: this week we’re busting some property investing jargon!
There are all kinds of acronyms and specialist pieces of terminology that get thrown around in property investing circles – and if you’re new to it, it can be intimidating to ask what on earth everyone is talking about. This week (a mere 240 episodes too late) we’re bringing you up to speed.
(And if you consider yourself an expert, we bet there are still one or two you won’t be sure about!)
Along the way we reference the following episodes and resources:
To the news, and barely a week seems to go by at the moment without the government announcing that they’re going to crack down on something – and this week the Guardian reports that ministers have service charges in their sights.
They want to put a stop to “rip-off” fees, and they’re holding a consultation. If you want to put your views forward, the call for evidence is here.
And our resource of the week is another interactive map! The BBC has put together a handy resource showing where in the country you can afford to rent or buy.
Potentially useful, but at the very least an excellent bit of procrastination.
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