Industry abbreviations
Here are some of the more commonly used abbreviations that are used in property for sale and to rent listings and across the property industry.
A
APR
Annual Percentage Rate
C
C/tax
Council tax
G
GCH
Gas Central Heating
GFCH
Gas Fired Central Heating
I
IFA
Independent Financial Advisor
Inc.
Inclusive
ISA
Individual Savings Account
L
LTV
Loan To Value
M
MAP
Mortgage Agreement in Principle
MIG
Mortgage Indemnity Guarantee
MIP
Mortgage Indemnity Premium
N
N/S
Non Smoker
NEG
Negotiable
NHBC
National House Building Council Scheme
O
OCH
Oil Central Heating
OIEO
Offers In Excess Of
OIRO
Offers In the Region Of
P
PCM
Per Calendar Month
POA
Price On Application
Prof
Professional
PW
Per Week
S
SDLT
Stamp Duty Land Tax
Sep
Separate
SSTC
Sold Subject To Contract
SSTCM
Sold Subject To Concluded Missives
STC
Subject To Contract
Stpp
Subject to planning permission
SVR
Standard Variable Rate Mortgage
V
VGC
Very Good Condition
W
WC
Toilet
WTR
Water