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Industry abbreviations

Here are some of the more commonly used abbreviations that are used in property for sale and to rent listings and across the property industry.

A

APR
Annual Percentage Rate

C

C/tax
Council tax

G

GCH
Gas Central Heating

GFCH
Gas Fired Central Heating

I

IFA
Independent Financial Advisor

Inc.
Inclusive

ISA
Individual Savings Account

L

LTV
Loan To Value

M

MAP
Mortgage Agreement in Principle

MIG
Mortgage Indemnity Guarantee

MIP
Mortgage Indemnity Premium

N

N/S
Non Smoker

NEG
Negotiable

NHBC
National House Building Council Scheme

O

OCH
Oil Central Heating

OIEO
Offers In Excess Of

OIRO
Offers In the Region Of

P

PCM
Per Calendar Month

POA
Price On Application

Prof
Professional

PW
Per Week

S

SDLT
Stamp Duty Land Tax

Sep
Separate

SSTC
Sold Subject To Contract

SSTCM
Sold Subject To Concluded Missives

STC
Subject To Contract

Stpp
Subject to planning permission

SVR
Standard Variable Rate Mortgage

V

VGC
Very Good Condition

W

WC
Toilet

WTR
Water