Jargon Buster

A B C D E F G I J L M N O P R S T U V Y

Tenure

Conditions on which a property is held (i.e. length of lease).

Terraced House

A property that is part of a row of houses.

The cost of repairing and maintaining communal areas of a building charged to the tenant or leaseholder.

Title Deeds

Legal documents showing the ownership of a property.

Title Insurance

An insurance policy which a buyer can take where there is a potential problem with the documentation in proving legal ownership of some part of the land they are buying.

Title Search

An investigation carried out by a conveyancer into the history of ownership of a property.

Tracker Mortgage

A type of mortgage whereby any changes in the rate of interest charged follow exactly (track) another, specified, interest rate or index.

Transfer Deeds

The Land Registry document that transfers legal ownership from seller to buyer.