U - Z
U
Under Offer
The status of a property for sale, when a seller has accepted an offer from a purchaser but prior to exchange of contracts.
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V
Valuation
A figure that an agent will place on a property once the required surveys have been completed.
Valuation Survey
A survey that must be carried out on behalf of the mortgage lender to establish the amount and terms of the loan.
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Y
Yield
Income from a property calculated as a percentage of it's value.
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