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F

Expedition Fee

An additional fee which can be paid to the Land Registry to speed up registration

Fixtures and Fittings Form

A schedule showing what sellers intend to include in and exclude from a sale.

FENSA

FENSA stands for the Fenestration Self-Assessment scheme

Form DS1/DS3

A legal document signed by the Lender releasing the charge against the property.

Flying Freehold

When part of one property is built on top of part of another property and so the upper property owner does not own the building or land underneath the "flying" part e.g. where part of an upper floor room is built over part of a neighbour’s ground floor room.

Freehold

Outright ownership of the property and land on which it stands. A freehold estate in land (as opposed to a leasehold) is where the owner of the land has no time limit to his period of ownership.

Local Authority Fire Regulations

Companies that are in the business of providing residential services must conform with specific fire safety obligations, which often include notifications to or consultation with their local fire authority. Please beware that the  consequences of non  compliance with fire safety...

Forfeiture

Forfeiture is a legal process which enables a landlord to terminate a lease where the tenant is in breach and take back possession of his or her property.  Related terms - forfeit and...

Freeholder

A freeholder is normally a company or person that owns the actual freehold of the building. The leaseholder will own the house or flat on a lease for a certain number of years, but the freeholder will own the property outright. Freeholders are usually responsible for the repair and maintenance of...

Flipping

Flipping is the act of buying and quickly reselling an asset.  Typically property or shares in an initial public offering.  It is commonly done by investors buying so-called "below market value" propertye.g. from distressed sellers or foreclosures. Read wikipedia about...

Home Buyers Survey
Lease Extension
EPC
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