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Buying Or Selling A Home The Y Homes Jargon Buster

Posted on Febuary 06, 2019 at 12:08 PM


We’ve all had that moment – when someone is waxing lyrical about their chosen, favourite subject, using acronym’s and phrases that, because they know what it all means, they expect you to know too. We sit there nodding, without an idea what they mean.

Well, that doesn’t need to be the case when you’re buying or selling a property in York or Wetherby through YHomes estate agents. We’re here to guide you through the terminology pool in the hope that whatever is thrown at you through the selling and purchasing process, you’ll understand the implications and processes.

AIP, DIP, MIP
An ‘agreement in principle’ (AIP), ‘decision in principle’ or ‘mortgage in principle’ are all terms that refer to much the same thing. When you’re

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Buying Or Selling A Home The Y Homes Jargon Buster


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