TPP241: A guide to property investment jargon

Do you know your GDV from your LTV, your Section 21 from your Section 8 and your ROI from your SVR? If not, never fear: this week we’re busting some property investing jargon! There are all kinds of acronyms and specialist pieces of terminology that get thrown around in property investing circles – and if you’re new to it, it can be intimidating to ask what on earth everyone is talking about. This week (a mere 240 episodes too late) we’re bringing you up to speed. (And if you consider yourself an expert, we bet there are still one or two you won’t be sure about!) Along the way we reference the following episodes and resources: Episode 20: Yields explained Episode 203: Don’t be afraid of bridging finance Free course: Should you use a limited company to invest in property? (free account required) Episode 213: Everything you need to know about leaseholds RESOURCE OF THE WEEK It’s another interactive map! The BBC has put together a handy resource showing where in the country you can afford to rent or buy. Potentially useful, but at the very least an excellent bit of procrastination. NEWS THIS WEEK Barely a week seems to go by at the moment without the government announcing that they’re going to crack down on something – and this week the Guardian reports that ministers have service charges in their sights. They want to put a stop to “rip-off” fees, and they’re holding a consultation. If you want to put your views forward, the call for evidence is here. WORK WITH US! We’re going to be advertising for a lot of new roles in the coming months – and to start with, we’ve got a couple of exciting openings at Yellow Lettings up for grabs. If you’re looking for your first role in property with the opportunity to progress, this could be perfect. Find out more at http://thepropertyhub.net/jobs. JOIN THE CONVERSATION Are there any abbreviations or specialist terms that got you saying “WTF” because we missed it out? We’d love to know, so join the discussion in The Property Hub! IF YOU ENJOYED THE PROPERTY PODCAST, PLEASE LEAVE A REVIEW ON ITUNES Reviews are really important in helping other people to find the show, so by way of thanks we read out every single review we receive on air. If you’d like to hear your name on the show, leave us a review on iTunes here. Not sure how to leave a review? This video shows you how to review and subscribe on iTunes. See omnystudio.com/listener for privacy information.