Glossary

Tax Year

6th April one year till 5th April the following year

Tenancy Application

The objective of vetting is to empower yourself so you can make an informed decision as to the calibre of the prospective person. Making your decision on facts and figures is invaluable and this is why you should always take references. The application form also provides you with permission to perform credits. This form details all the information you should ever require deal with most eventualities including absconding tenants

Tenancy At Will

The occupancy of property by a tenant for an unspecified period The tenancy can be terminated by either the landlord or tenant at any time

Tenant Default

The act of breaching the terms of the Tenancy agreement such as non paymnet of rent, damage, nuisance etc

Tenant Fees

From June 2019 where renting properties in England gone are the days of charging for admin, letting fees, vetting, references, inventory, check in, check out, cleaning, pet insurance or ANY other fee that is not explicitly permitted within the legislation.

Tenure

The type of ownership of property either freehold or leasehold

Termination

The coming or bringing to an end of a tenancy/lease, by mutual agreement see ending a tenancy in letting

Terrace Property

One of a row of houses separated only by shared dividing side walls

The Housing Health and Safety Rating System

The Housing Health and Safety Rating System (HHSRS) is the method used by local authorities to assess housing conditions

Third Party

Person who is not party to a legal case, but may be relevant because he or she owes the defendant money. In that case the defendant can issue a third party notice against such a party

Third Party Debt Order

An order issued by a Claimant, against a third party, to seize money or other assets in their keeping, but belonging to the debtor. Orders can be granted preventing a defendant from withdrawing money from their bank or building society account. The money is paid to the claimant from the account. A third party debt order can also be sent to anyone who owes the defendant money

Tin Search

A search to establish whether the property may be affected by tin mining activity may result in subsidence

Title Deed

These are the legal documents prove the ownership of the property and set out details of anything affecting the property such as rights of way and boundaries

Tort

An action in tort is a claim for damages to compensate the claimant for harm suffered. Such claims arise from cases of personal injury, breach of contract and damage to personal reputation. As well as damages, remedies include an injunction to prevent harm occurring again

Townhouse

Refers to a style of house often with 3 or more floors

Tracker Rate Mortgage

A Tracker Mortgage is a variable rate mortgage where the interest rate is linked directly to the Bank of England Base Rate

Transfer Deed

The deeds that transfer the property into your name when you purchase a property They are issued by the Land Registry

Transfer Document

The final document transferring the property from the vendor to the buyer

Transfer Of Equity

A document transferring ownership of a share or interest in a property from one person to another

Tree Preservation Order

An order made by the local authority designating a tree or group of trees as protected and requiring the local authority's permission to lop or fell them

Trial

A public hearing in which the evidence in a case, and the law which applies, are examined

Trial Contents

The contents of the trial include any written statements and documents in trial bundles

Trial Window

A period of time within which the case must be listed for trial

Tribunal

A tribunal is a body outside of the court structure. They hear disputes relating to specific areas such as immigration, employment and some tax matters and adjudicate on them. Tribunals are thought to be cheap and fast and allow expert knowledge to be applied