Jargon

Don’t know your Abstract Title from your Deeds of Sale? Then use our jargon buster for a simple explanation of all the weird and wonderful phrases affecting your nest.

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Maintenance charge (or service charge)
The cost of repairing and maintaining external or internal communal parts of a building charged to the tenant or leaseholder. This charge is usually levied in flats and small to large scale developments.
Maisonette
A property arranged over more than one floor (ie: a portion of the house).
Managing Agent
A professional person or company responsible under an agency agreement for the maintenance and management of the property.