A guide to lettings terms

Applicant: A potential buyer or tenant.

Completion date: Date on which all transaction concerning the let is finally concluded.

Contract: Legal and binding agreement committing both tenant and landlord to the transaction.

Conversion: A house that has been converted into flats.

Deposit: A bond paid for by the tenant and held by the landlord in case of damage or missing items.

D/g: Double-glazing.

Econ 7: Economy 7 heating

Excl: Excluding (bills)

Fit/kit: A fitted kitchen.

Fr/Fr: Fridge freezer

GCH: Gas central heating

Incl: Inclusive/including (bills)

Inventory: A list of all the items that are in a property

Mins: Minutes (estimated) to the tube etc.

M/W: A microwave

Negotiator: The Estate Agent who looks after you.

OSP: Off Street Parking

P built: Purpose built flat, i.e. a block as opposed to a conversion.

Viewing: When an applicant is showed around a property.

W/M: Washing machine

W/D: Washer Dryer