Abbreviations used in the property business
APR = Annual Percentage Rate
ARLA = Association of Residential Letting Agents
ASA = Advertising Standards Authority
AST = Assured Shorthold Tenancy (agreement)
AT = Assured Tenancy (agreement)
B C = Borough Council
BI = Buildings Insurance
BMV = Below Market Value
BOE = Bank Of England
BTL = Buy To Let
BTS = Buy To Sell
BS = Building Society
CAGR = Compound Annual Growth Rate
CC = County Council
CCJ = County Court Judgement
CGT = Capital Gains Tax, a tax on the profits on a sale (currently 40% normally)
CH = Central Heating
COCR = Cash On Cash Return.
CPO = Compulsory Purchase Order
CT = Council Tax
DG = Double Glazing
DPC = Damp Proof Course
DPM = Damp Proof Membrane
DSCR = Dept Service Coverage Ratio.
DSS = Department of Social Security
DTI = Department of Trade and Industry
EA = Estate Agent
EDMO = Empty Dwelling Management Orders
E&OE = Errors and Omissions Excepted.
FLEA = Fire, Lightning, Earthquake, Aircraft (insurance)
FSA = Financial Services Authority.
FSS = Full Structural Survey
FTB = First Time Buyer
GDV = Gross Development Value
GR & NR = Gross & Net Return
HA = Housing Authority
HB = Housing Benefit
HHSRS = Housing Health and Safety Rating System
HIPS = Home Information Packs
HMO = House of Multiple Occupancy
HPI = House Price Index
IO = Interest Only (mortgage)
IR = Inland Revenue
IRR = Internal Rate Retention / Internal Rate Of Return
JV = Joint Venture
LA = Local Authority - the developers arch-enemy!
LHA = Local Housing Authority
LTB = Let To Buy
LTV = Loan To Value, a ratio to which a lender will fund a purchase
NAEA = National Association of Estate Agents
NALS = National Association of Letting agents
NI = National Insurance
NPV = Net Present Value
ODPM = Office of the Deputy Prime Minister
OFT = Office of Fair Trading
OMV = Open Market Value
OO = Owner Occupier
PA = Per Annum / Personal Assistant.
PCM = Per Calendar Month
PI = Professional Indemnity (insurance)
P&L = Profit & Loss
PP = Planning Permission
PPR = Principle Private Residence
RI = Rental Income
RICS = Royal Institute of Chartered Surveyors
R&D = Research And Development
R&M = Repair and Maintenance
ROE = Return On Equity
ROI = Return On Investment
RPI = Retail Price Index
RR = Rent Review
RT = Regulated Tenancy (agreement)
SD = Stamp Duty
SDLT = Stamp Duty Land Tax
SSTC = Sold Subject To Contract
STC = Subject To Contract
STR = Sell To Rent
TBA = To Be Agreed
TDS's. = Tenancy Deposit Scheme’s
QS = Quantity Surveyor
This is a brief list of those often irritating encoded Phrases Acronyms, Abbreviations that appear so much on newsgroups forum’s and so on
AFAIAA = As Far As I Am Aware
AFAICR = As Far As I Can Remember / Recall
AFAICS = As Far As I Can See
AFAIK = As Far As I Know
AICBW = Although I Could Be Wrong
AIG = As It Goes
AIH = As It Happens
AIMHOOC = All In My Humble Opinion Of Course
AISI = As I See It
AIUI = As I Understand It
AKA = Also Known As
ASAP = As Soon As Possible
ASBO's = Anti Social Behaviour Orders
ATEOTD = At The End Of The Day
ATME = According To My Experience
AWA = Apologies Where Appropriate
AWATCOTH And What Are The Chances Of That Happening
BA = (now replaces DSS as) Benefits Agency
BATR = Bouncing Around The Room
BB = Bulleting board
BFN = Bye For Now
BIM = Bare / Bourne In Mind
BR = Best Regards
BRB = Be Right Back
BS = Bull Sh**
BTB = By The Bye
BTDT = Been There, Done That,
BTF = Beat The Footsie
BTIM = Bear That In Mind
BTT = British Timber Treatment
BTW = By The Way
BW = Best Wishes
CAB = Citizens Advice Bureau
CCA = Consumer Credit Association
CHAV's = Council House And Violent
CYA = See You Again
DD = Due Diligence
DEVT/S = Development/s
DP = Data Protection
DPA = Damp Proofing Association.
DTI = Department of Trade & Industry
DYOR = Do Your Own Research
EOT = End Of Terrace
EPS = Earnings Per Share
ERC = Early Redemption Claws
ERP = Early Redemption Penalty
ERRP = Expected Rapid Realisation Price
ETP = End Terrace Property
FAIK = For All I Know
FAQ = Frequently Asked Questions
FB = Finance Broker
FE = Fair Enough
FF = Finders Fee
FMI = For My Information
FMV = Full Market Value
FOAF = Friend Of A Friend
FOMCL = Falling Off My Chair Laughing
FOREX = Foreign Exchange
FS = Financial Suicide
FUD = Fear, Uncertainty and Doubt
FWIW = For What Its Worth
FYI = For Your Information
GA = Go Ahead
GDV = Gross Development Value
GIT = Get In Touch
GITP = Get In Touch Please
GNN = Government News Network
GP = General Public
GSD = Gentle/Gradual Slow Down (in HPI)
GTTS = Got The T-Shirt
(HHSRS) = Housing Health and Safety Rating System
HIR = Hope / Hoping / Hopefully I'm Right
HMRC = Her Majesties Revenue & Customs
HO = Honest Opinion
HPC = House Price Crash
HPI = House Price Index
HTH = Hope This Helps
IAC = In Any Case
IAE = In Any Event
IANAL = I Am Not A Lawyer
IBTIM = I'll Bear That In Mind
ICBW = I Could Be Wrong
IFA = Independent Financial Advisor
IIGC = If I Guess Correctly
IIRC = If I Remember/Recall Correctly
IIRCWIMN = If I Remember/Recall Correctly Which I Might Not
IIRCWIPD = If I Remember/Recall Correctly Which I Probably Don't
IKWYM = I Know What You Mean
IMCO = In My Considered Opinion
IME = In My Experience
IMHO = In My Humble Opinion
IMNSHO = In My Not So Humble Opinion
IMO = In My Opinion
IMS = If Memory Serves
IOU = I Owe You
(a promissory note of intention to pay)
IOW = In Other Words / Isle Of Wight
IRL = In Real Life
IRR = Internal Rate of Return
ISTR = I Seem To Remember
ITYM = I Thought You Meant (To Say)
ITYWFI = I'll Take Your Word For It
IWITOIF = I Wish I'd Thought Of It First
IYKWIM = If You Know What I Mean
IYSWIM = If You See What I Mean
JAIT = Just As I Thought
JAT = Just A Thought
JFYI = Just For Your Information
JIC = Just In Case
JMTPW = Just My Two Pence's Worth
JOOI = Just Out Of Interest
KISS = Keep It Simple Stupid
KIT = Keep In Touch
KR = Kind Regards
LD's = Leaflet Drops/Droppers
LD's = Leaflet Drops/Droppers
LL = Landlord
LMAO = Laugh My Ar** Off
LOL = Laugh / Laughing Out Loud
LOVL = Laughing Out Very Loud
LR = Land Registry
LTBH = Long Term Buy & Hold
MEW = Mortgage Equity Withdrawal
MM = Market Maker
MO = Moment
MOH = My Other Half
MSG = Message
MTFBWY = May The Force Be With You
MTP = Mid (middle)Terrace Property
MULLET = Multi let House / HMO
MYOB = Mind Your Own Business
NDA = Non Disclosure Agreement
NETA = None Existent Tenancy Agreement
NHBC = National House-Building Council.
NLA = National Landlords Association
NOYB = None Of Your Business
NTIKO = Not That I Know Of
OBH = Oh bl**dy HellOBH = Oh blinking Heck
OCICBW = Of Course I Could Be Wrong
OBH = Oh blinking Heck
OCICBW = Of Course I Could Be Wrong
OFT = Office of Fair Trading
OIC = Oh, I See
OMG = Oh My God / Goodness / Gosh
OO = Owner Occupier
OPM = Other Peoples Money
OPP = Other Peoples Property
OPP = Outlying Planning Permission
OSIS = Or So It Seems
OT = Off Topic
OTOH = On The Other Hand
OTT = Over The Top
OWTTA = Or Words To That Affect
PC = Politically Correct
P/E = Price/Earnings
PEG = Price/Earnings Growth
PH = Per Hour
PITA = Pain In The Ar**
PITB = Pain In The Bum
PM = Private Message
PNC = Property Networking Club
POV = Point Of View
PP = Price Paid
PRS = Private Rented Sector
PSA = Public Service Announcement
ROCE = Return On Capital Employed
ROE = Return On Equity
ROFL = Rolling On Floor Laughing
ROTFL = Rolling On The Floor Laughing
ROTFLMAO = Rolling On The Floor, Laughing My Ar** Off
ROTFLOL = Rolling On The Floor Laughing Out Loud
RS = Relative Strength
RSN = Real Soon Now
RTB = Right To Buy
SIPP = Self-Invested Personal Pension
SMPOV = See My Point Of Vie
SQF = Square feetSQM = Square Metres
SQM = Square Metres
STO = State /Stating / Stated The Obvious
SWIM = See What I Mean
TA = Technical Analysis
TBH = To Be Honest