Non-Resident SDLT Surcharge

Energy Performance Certificate (EPC)

A certificate showing the energy efficiency of a property, rated from A to G. An EPC is generally required when a property is marketed for sale or rent in England and Wales.

Principal Private Residence

A property that qualifies as an individual's main or primary home for the purposes of relevant UK tax rules, subject to the applicable conditions.

Property Chain

A sequence of linked property transactions where the completion of one purchase depends on the sale or purchase of another property.

No Objection Certificate (NOC)

A formal document confirming that the issuing party has no objection to a specified property transaction, transfer, alteration or other action.

Nominee Structure

An arrangement where a property is held by a nominee on behalf of the true beneficial owner, often for privacy; it must still be disclosed under beneficial-ownership rules.

Non-Resident Buyer

A buyer who does not meet the relevant residency criteria of the jurisdiction where the property is being purchased. Residency status can affect financing, taxation and transaction requirements.