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English Vocabulary: Buying a House

English people often talk about their homes: their mortgages, the interest rates, and rising property prices. Here's a guide to some of the English words and phrases you might come across. Your dream home It's a good idea in the UK to arrange a mortgage with a bank before you start looking. This is when the bank tells you how much money they will lend you so you have a good idea of how much you can afford. The next step is to go to an estate agent (= a company which represents buyers and sellers of properties) to see what sort of properties they have available in your budget range and in your area. If you see something that takes your eye, you put in an offer. Your next step will probably be to get a structural survey done. If you still want to go ahead with the sale, you need to appoint a solicitor (a lawyer) to do the conveyancing (= the legal paperwork.) Finally, once the contracts are signed and exchanged, you complete on your house. Get FREE English Updates

Related:  English for Real Estate Agents

ESL Exercise: Real Estate Collocations Real Estate: Collocations home inspectionlisting pricebidding warsupgrade the housedownsizesale valueopen housereal estate agentcommercial propertiesresidential properties 1. George and Sheila sold their three-bedroom house and bought a two-bedroom condo apartment. They decided to because their grown-up children don’t live with them anymore. The language of real estate Free Legal Forms & Contracts - Philippines-Mozilla Firefox