Glossary

Acronym/Abbreviation Meaning
AERAnnual Equivalent Rate
AMVAbove Market Value
BMVBelow Market Value
BOEBank of England
BTLBuy to Let
CEOChief Executive Officer
DINKDual Income No Kids
EAEstate Agent
FTBFirst Time Buyer
GCHGas Central Heating
HPCHousePriceCrash.co.uk
HPIHouse Price Inflation
IIRCIf I Remember Correctly
IMHOIn My Humble Opinion
IMOIn My Opinion
IOInterest Only
IRInterest Rates
LLLandlord
LOLLaugh Out Loud
LRLand Registry
LTVLoan-to-value ratio or lifetime value
MEWMortgage Equity Withdrawal
MPCMonetary Policy Committee
NAEANational Association of Estate Agents
OOOwner Occupier
PwnedPower owned
SIPPSelf Invested Personal Pension
SITKOMSingle Income Two Kids Oppresive Mortgage
STRSold to Rent
SVRStandard Variable Rate
VIVested Interest

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