Legal process to oust a tenant for possession of property. In most cases it is illegal for a landlord to evict a tenant without a court order.
The Protection from Eviction Act 1977 also protects tenants against being forced to leave a property through harassment, such as threats or physical violence, or through withdrawal of services such as disconnecting the electrical supply or refusing to carry out vital repairs
|Evidence Of Title||
Proof of ownership of property; commonly a certificate of title, an abstract of title with solicitor's opinion.
|Exchange Of Contracts||
Point in the Conveyancing process where the buyer and the seller become legally bound to complete the sale. Both will then be committed to completing the transaction.
|Financial Services Authority|
Fittings are items that are not attached to the building or land and are not subject to the sale unless they are specifically included, carpets and curtains would normally be thought of as fittings
|Fixed Rate Mortgage||
Mortgage where the interest rate is fixed for an agreed period and it is unaffected by changes in the lender's variable rate. At the end of this period, interest on the mortgage will be charged at the lender's variable rate.
Items on a building or land that have become part of the building or land and are therefore included in the sale.
Usually physically fixed to the building such as shelves or fitted wardrobes. If it is firmly secured onto the land or house and cannot be removed without damage, then it qualifies as a fixture.
These are mortgages that allow you to pay them off in a flexible way, one example of this are mortgages that allow you to make overpayments so that you can pay off your mortgage early.
To Purchase and then immediately sell a property.
This is when you have ownership of a piece of land and the property that resides on it.