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In 2007 Rightmove bought 67% of Holiday Lettings Limited. [6] In May 2008, HBOS, one of the founding investors, sold its stake in Rightmove. [7] According to Forbes, Rightmove operates on a two-sided model which serves a vast "audience" for property listings on one side and 20,000 advertisers of available properties on the other side. [8]
All transfers of property ownership in Scotland are recorded in the Register of Sasines or the Scottish Land Registry. [5] Domestic rates were a more stable income source for local government as they are based entirely on property values which provide greater financial certainty to councils - reducing their cost of borrowing.
Debt to assets ratio – The ratio of debt remaining on the property to the value of the property or asset. Internal rate of return – Technically speaking, it is the discount rate at which the net present value of future cash flows equals $0. In laymen terms, it is the rate of return received on investment in a given year adjusting for the ...
The Unique Property Reference Number (UPRN) is a unique number (a geocode) for every addressable location—e.g., a building, a bus stop, a post box, a feature in the landscape, or a defibrillator—in Great Britain. [1] Over 42 million locations have UPRNs, which can be found in Ordnance Survey's AddressBase databases. [1]
The majority of property finders charge a retainer fee before they begin the search for a property. Users of full service estate agents in the UK can expect to pay a flat fee while, more typically in the US, a percentage of the property purchase price may be received from the seller's broker by means of an offer of compensation to cooperating brokers or it can be paid directly by the buyer.
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The Postcode Address File (PAF) is a database that contains all known "delivery points" and postcodes in the United Kingdom. The PAF is a collection of over 29 million Royal Mail postal addresses and 1.8 million postcodes . [ 1 ]
The increase in the value of a property, due to its historic value is based on the property's age, quality, and rarity. [4] A property's historic value may be due to being associated with a historical activity, event, period, or person, [5] or it may have particular historical architectural properties.