Glossary · United Kingdom
Principal Private Residence
Quick answer
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.
Next steps
Put it into practice
Belgrave in London
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Related
Related terms
Property Chain
A sequence of linked property transactions where the completion of one purchase depends on the sale or purchase of another property.
Non-Resident SDLT Surcharge
An additional rate of SDLT that can apply to certain residential property purchases in England and Northern Ireland by buyers who are non-UK resident for SDLT purposes.
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.
Prêt in fine (Interest-Only Mortgage)
Prêt hypothécaire dont les mensualités ne couvrent que les intérêts, le capital étant remboursé en totalité à l'échéance — courant pour les financements haut de gamme et d'investissement.
Prêt relais (Bridging Loan)
Financement court terme, à intérêts seuls, servant à « faire le pont » sur un besoin de trésorerie — par exemple pour finaliser un achat avant la vente d'un bien existant ou la mise en place d'un financement de plus long terme.
Primo-accédant (First-Time Buyer)
Acquéreur n'ayant jamais été propriétaire d'un bien résidentiel ; au Royaume-Uni, il bénéficie d'un SDLT réduit et de certains dispositifs d'aide.
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