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Accommodation - glossary of terms
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Accommodation - glossary of terms

accommodation - a place to live, or stay.

apartment - a set of rooms for living in, frequently on one floor of a building.

ARLA - Association of Residential Letting Agents

attic - the space, or room, at the top of a building, under the roof, often used for storing things.

bed-sit - a single rented room which usually contains a bed, table, chairs and somewhere to cook.

bungalow - a house that has a single storey.

conservatory - a glass room, usually connected to a house, which is often used as a dining area, playroom, or sitting room.

contents insurance - insurance to cover the damage or loss of items and belongings within a property.

credit scoring - a numerical value that ranks an individual's credit risk at a given point in time based on a statistical evaluation of information from a credit search.

credit search - a search most commonly invoked by a lender through a specialised company to ascertain if an individual has CCJs or a bad payment history.

decking - a raised floor outside of a property, usually in the garden, that is often made of wood.

deposit (for renting a property) - a sum of money (usually a month's rent in advance) paid to the landlord (or agent) of the property, which is returned at the end of the tenancy, subject to the condition of the property.

detached - a term used to describe a property which stands alone and is separated from other properties.

dilapidations - any disrepair or damage to a rented property.

duplex - an apartment or flat spread over two floors.

end of terrace - a house situated at the end of a row of terraced houses.

en suite - a bedroom constructed with its own toilet and bathroom (i.e. it does not share these facilities with any room).

estate agent - a business that arranges the selling, renting (letting agents) or management of homes, land and other buildings (property management agents).

excess - the amount you have agreed to pay an insurance company towards the cost of a claim.

flat - a set of rooms for living in which are part of a larger building.

floorplan - an architect's drawing of the layout of a property showing the dimensions and spatial relationships between rooms, entrances, etc.

garage - a building where a car is kept, which is built next to, or as part of, a house.

guarantor - a individual who offers to be contractually liable, both financially and legally, should a tenant fail to pay the rent during their tenancy, or in the event of damage to the property.

HMO - House in Multiple Occupation. A property with at least three tenants who form more than one household and who share (or will share) toilet, bathroom or kitchen facilities.

insurance - an agreement in which you pay a company money and they pay your costs if you have an accident, injury, etc., or if your property or possessions are damaged or lost.

inventory - a list detailing every item contained within a rental property and the condition each listed item is in, usually checked by all parties on the day the tenant moves in and signed by all parties.

letting - when a property owner leases or rents out a property to tenants.

letting agent - a business that arranges the letting or management of homes rented on behalf of private and corporate individuals.

listed building - a building of great historical or artistic value, which has official protection to prevent it from being changed or destroyed.

loft - a space at the top of a building, under the roof, used for storage, or sometimes converted into a room.

maisonette - a property arranged over more than one floor, usually as part of an existing house.

managing/management agent - a third party business that manages the letting of properties, in exchange for a fee, on behalf of a landlord or property owner.

mansion - a very large and expensive house.

mid-terraced house - a house situated within a terrace with a house attached on either side.

Ombudsman - independent professional bodies that deal with complaints by consumers made about particular organisations, such as estate agents.

open day - when a property is opened up to prospective buyers/renters to view over a set period of time.

OSP - off-street parking.

patio - an area outside a house with a solid floor but no roof which is used especially for eating, or in good weather.

penthouse - a luxurious apartment, or set of rooms, at the top of a hotel or tall block.

property search agent - a company that will find and arrange viewings for particular properties to buy or rent matching your search criteria on your behalf.

rent - a fixed amount of money that you pay regularly to the owner of a property for the uninterrupted use and enjoyment of it for an agreed period of time.

sealed bid - where interested parties send a letter detailing the amount they are willing to pay for a property (to buy or rent) - the highest bidder usually secures the property.

semi-detached - a property that is joined to another house on one side.

studio flat - a flat with one main room, or open-plan living area, that usually incorporates cooking facilities with a separate bathroom.

tenancy agreement - a contract between a tenant and a landlord that specifies certain rights and obligations for both parties for the duration of the tenancy.

tenant - a person that has a temporary right to possess a property.

terraced house - a property that is part of a group of connected houses.

townhouse - a house in a town or city, usually a comfortable, expensive one in a fashionable area.