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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- Ombudsman
- Independent professional bodies who investigate complaints on behalf of customers against, for example, estate agents, solicitors and insurance companies.
- Open market value
- The price a property would achieve when there is a willing buyer and willing seller.
- Out-of-town
- An out-of-centre development on a green-field site or on land not clearly within the current urban boundary.