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Glossary Of Terms

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Back-to-back

The act of exchanging contracts with a new buyer and completing on a property almost simultaneously.

British Property Federation (BPF)

A trade association that represents the interests of the property-owning and investing industry to Government.

Brownfield site

A derelict and vacant plot of land that has been affected by former uses, often in urban areas, requiring significant intervention in order to bring it back to beneficial use.

Buy-to-let

Buying a property for investment purposes. The return is generated by tenants' rent and capital appreciation, if any.


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