Gift Inter Vivos
“Gift Inter Vivos” is a specific type of life insurance policy designed to cover potential inheritance tax (IHT) liabilities on gifts made during one’s ...
Gone Away Information Network (GAIN)
The Gone Away Information Network, commonly known as GAIN, is a term that often pops up in the context of credit and debt management. ...
Flying freehold
A flying freehold is a term used in property law to describe a type of property where a portion of the building overhangs or ...
Final reminder
A final reminder letter is sent by a lender to remind borrowers of their obligation to repay an overdue debt. It is the last ...
Further advance
A further advance is a loan that you can take out on top of your existing mortgage and is provided by the same lender. ...
Guarantor
In the context of a mortgage, a guarantor is a person who agrees to be responsible for the borrower’s mortgage payments if the borrower ...
FLEXIBLE MORTGAGE
A flexible mortgage is a type of home loan that allows the borrower to have more control over their repayment schedule. With a flexible ...
Gifted deposit
A gifted deposit is a sum of money that is given to a borrower by a family member or close friend to be used ...
GUARANTOR MORTGAGE
A guarantor mortgage is a type of mortgage in which a third party, known as a guarantor, agrees to be responsible for the mortgage ...
WHAT IS A FURNISHED HOLIDAY LET?
A Furnished Holiday Let (FHL) is a rental property that must meet strict HMRC rules to enable it to qualify for beneficial tax treatment.
GROUND RENT
Ground rent is an annual sum of money paid to a landlord or landowner by a leaseholder in order to occupy a leased property. ...
GREEN MORTGAGES
Green Mortgages are a new type of mortgage finance that is designed to encourage property owners to make energy efficient improvements to their homes ...
GAZUNDERING
When the buyer lowers their offer to buy a property at the last minute, just before contracts are exchanged. Gazundering is a term used ...
GAZUMPING
Gazumping is when a seller accepts an offer from one buyer, but then suddenly decides to accept a higher offer from another. This leaves ...
GAS SAFETY RECORD
Landlords are legally obliged to ensure that all gas appliances and flues in their rental properties are safe for use. This means that landlords ...
