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H
homeloan
-
another word for mortgage.
Homebuyer's
Report - the more basic
survey of the two available
to homebuyers. It includes
a valuation and should reveal
any major faults a property
has. See also Buildings Survey.
housing
association - otherwise
known as registered social
landlords (RSLs), housing
associations are non-profit
making organisations set up
to improve the provision of
housing in a particular area
through rental and ownership
schemes.
Homebuy
- the replacement for
the Tenants Incentive Scheme
(TIS) and Do It Yourself Shared
Ownership (DIYSO). A scheme
from housing associations
offering a loan of 25 per
cent of the price of the property
you want to buy, the rest
being funded by a mortgage.