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Glossary
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Valuation
The valuation of a property.
Value Added Tax ('VAT')
A sales tax payable to HMRC on most goods and services. The latest rates are published on the Government's website.
Valuer
A surveyor who estimates the open market value of property. They also provide their professional opinion on rental yields and ability to let.
Void Period
A period of time when a buy to let property is vacant and therefore not generating any rental income.