0115 8494 484 enquiries@arresidential.co.uk

Jargon Buster

We get fed up of Industry slang within AR Residential therefore to help you avoid the minefields here are a few examples.

  • AST – Assured Shorthold Tenancy
  • FWT – Fixed wire test
  • GSR – Gas safety record
  • Periodic – you hold over in your tenancy without entering a new fixed term
  • Smokes – Smoke detector test
  • EPC – Energy Performance certificate
  • Break Clause – That you have a clause that you can enforce during the tenancy agreement
  • Fixed term – You are tied into a contract to the end date and if you leave early you may incur the reletting costs
  • RPI - Retail price index linked to as possible rent increase