"... you should have to hand;
Why agents ask questions that could cause you offence;
The terminology used by agents;
The difference between Chain Free and vacant possession;
Why you can't get a mortgage on some properties;
The characteristics of a leasehold property;
What lease lengths..."
"... when they speak to you, in other words they generally assume you know them.
The most frequently used are:
First Time Buyer
Chain Free and vacant possession
Tenanted
Cash Purchasers Only
Repossession
Leasehold
Share of Freehold
Freehold
- First Time Buyer -
Originally this..."
"... that are accepted by vendors from First Time Buyers.
Such buyers are also sometimes referred to as chain free (see below)
- Chain Free and vacant possession -
The two terms are often mixed up but they can mean very different things:
Chain Free Buyer: A buyer who does not need to sell..."
"... it is that everything will happen successfully
vacant possession: This is often confused with chain free properties. Just because a property is empty it does not necessarily follow that it is being offered chain free so always double check.
- Tenanted -
It is possible to buy a..."