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What your estate agent is REALLY saying!

Emma Lunn
by Lovemoney Staff Emma Lunn on 16 December 2010  |  Comments 12 comments

If you're currently trying to work out what estate agents say and what they actually mean, here's an A to Z of popular terms and their true meanings.

What your estate agent is REALLY saying!

 

Estate agents always feature high up on the list of ‘least trusted professions’ which appears every year or so. Some people, it seems, even trust them less than they trust us hacks. But at least writers say it as we see it… I think much of estate agent’s poor reputation comes from the way they try and bamboozle us with property descriptions.

So, if you’re currently trying to work out what estate agents say and what they actually mean, an A to Z of popular terms and their true meanings are below:

Borders: As in ‘Dulwich borders’ or ‘Blackheath borders’ in London. Basically a rather loose term to describe anywhere within a 10-mile radius of somewhere half decent.

Charming: Another word for small, pokey or tiny.

Community feel: The neighbours have had to get together to do something about crime levels. ‘Community’ can also indicate the presence of a busybody who will monitor your every move and report back to the neighbours regarding the number of visitors of the opposite sex you have.

Compact: You can cook the dinner while you’re in the shower without losing sight of the TV.

Convenient for: A somewhat misleading description that could mean anything. ‘Convenient for local amenities’ usually means it’s not far from the shops -- if you have a car. ‘Convenient for transport links’ tends to mean the house vibrates whenever a bus goes past or that the A2 actually touches the end of the garden.

Deceptively spacious: You have been deceived if you consider this spacious.

Garden flat: A dodgy dark basement with a small piece of concrete outside. Alternatively, the ground floor in a block of flats with a shared garden. Your neighbours will spend most of their time having BBQs right outside your bedroom window.

Good use of space: There’s no room for the fridge in the kitchen so it’s in the living room while the washing machine is in the bathroom. It might also have something strange like a bedroom leading off another bedroom.

Ideal for investors: You wouldn’t want to live there yourself but some desperate renters will probably go for it.

Near local nightlife: Don’t expect to get to sleep until the clubs have shut and be ready to clear the takeaway wrappers from the front garden each morning.

John Fitzsimons looks at how you can save money by selling your home yourself online

Original features: No work whatsoever has ever been done on this property since it was built in the early 1900s.

Potential: Ideal for a DIY enthusiast with lots of time and money on their hands who doesn’t mind living in a dump.

Quiet neighbourhood: Your neighbours will object to you starting your car before 8am or having more than two visitors at a time.

Sought after location: You’ll be gazumped at the last minute by a money-grabbing capitalist landlord.

Up and coming area: Presently down and out -- it can only get better.

Updating: Interchangeable with ‘modernising”. If a property needs either updating or modernising it generally needs knocking down and starting again.

Viewing recommended: There’s nothing good to say about it but if you see the inside and use your imagination there’s a slim chance you might like it a little bit.

Village: Could mean one of two things. Either it’s nothing like a village but there are one or two independent shops or cafes which give it a ‘village’ feel, or it’s a ghost town where everyone stops speaking when a stranger enters the local pub.

West: (also East, South, North). Used when the property’s in  an undesirable area but not far from somewhere not too bad – e.g. London’s Battersea could be East Chelsea.

That's just our list, but there are plenty more. Why not share your own experiences via the comment box below?

This is a lovemoney.com classic article, originally published in August 2008 and updated

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This article aims to give information, not advice. Always do your own research and/or seek out advice from an FSA-regulated broker (such as one of our brokers here at lovemoney.com), before acting on anything contained in this article. 

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Comments (12)

  • MrRee
    Love rating 65
    MrRee said

    Low maintenance garden = concrete

    Studio = cupboard

    manageable space = tiny

    realistic price = needs to be a bargain price to sell

    internal viewing recommended = looks like a slum on the outside

    2/3 bedrooms = no-one has no idea if an understairs cupboard is a bedroom

    interesting decor = hideous

    keen seller = seller is desperate

    country living = smells like a farmyard

    Report on 16 December 2010  |  Love thisLove  0 loves
  • Robjoy
    Love rating 17
    Robjoy said

    "Great Potential": knock down the hideous extension, take out the avocado bathroom and the fake wood panelling, replace the smoking woodburner, remove the skating-rink decking, replace all with sound and tasteful stuff. You will then have a property which you've spent lots on, but will still only be worth what you paid for it.

    "Sought after area": it's in the catchment area of the only decent school for 20 miles. Ergo, the whole street is alive with kids. Their parents are all skint because they can't really afford to live here.

    "Character": Weird-looking place with uneven floors, minimum two steps in and out of every room, a huge bathroom, three tiny bedrooms, and a damp cellar.

    "Easy to maintain garden": not big enough for a rotary washing line. The wheelie bins have to stay out front.

    "By well-known local builder": now out of business. To see why, look around this cockeyed house: softwood windows, one coat of watered-down magnolia emulsion everywhere, 1 cm of topsoil on top of the rubble in the garden, no cupboards, consumer unit not up to providing the number of power points you'd actually need. Third bedroom not big enough for bed.

    Report on 16 December 2010  |  Love thisLove  0 loves
  • Mycroft
    Love rating 0
    Mycroft said

    "In need of renovation": Falling down.

    "In need of restoration": Fallen down.

    "Seconds from the beach": Straight down the cliff.

    "Traditional village": You will not be accepted into the community until you have been there for at least five generations.

    "Close to childrens' nursery" (My place): The garden is constantly bombarded with footballs, tennis balls, ping pong balls, Frisbees and unidentifiable tat.

    Report on 16 December 2010  |  Love thisLove  0 loves
  • fee
    Love rating 1
    fee said

    Popular Residential Area - only privately owned house in the local sink estate

    Report on 16 December 2010  |  Love thisLove  0 loves
  • Outside the box
    Love rating 0
    Outside the box said

    Yes, all well and good, we kinow Estate Agents are a relatively easy and much over used target. UNTIL of course you want to sell your own home Emma and then you'll be quite happy, if not insistant, that its merits are overhyped. This is just hypocracy. Move on.

    Report on 17 December 2010  |  Love thisLove  0 loves
  • oldhenry
    Love rating 266
    oldhenry said

    I likle the photos they take , lying on their stomachs witha fish eye lens to make the house look a decent size. When you getthere it has shrunk a fair bit.

    Not overlooked is a good one- becaue there is a pylon in the back garden.

    Much favoured neighbourhood - The buyers are suckers round here.

    Report on 17 December 2010  |  Love thisLove  0 loves
  • Phil-B
    Love rating 4
    Phil-B said

    Does anyone else remember Roy Brooks estate agents in Chelsea in the 1960s? He had wonderful adverts '10 horrrid rooms and a slimy back yard' was one I recall, as well as looking for a property on behalf of a client 'we have a rather repulsive gentleman, who with his child wife, are seeking..'

    His ads were compulsive reading in the Sunday Times and Sunday Telegraph in those days!

    Report on 17 December 2010  |  Love thisLove  0 loves
  • MrRee
    Love rating 65
    MrRee said

    Estate Agents are a whole different species - they can lie and look you in the face without flinching .....

    If only they would, for a few moments, stop lying - people would start liking them a bit!

    Why dosen't an Estate Agent look out of the window in the morning? Because, if they did, they wouldn't have anything to do in the afternoon!! ;-)

    Report on 17 December 2010  |  Love thisLove  0 loves
  • nosbort
    Love rating 126
    nosbort said

    Don't know what you are all whingeing about, my house had an estate agent's notice on it saying 'Parts of this property are dangerous, we can accept no liability for injury while viewing' It as also accompanied by an advert in the local rag which described it as a 'derelict wreck'. Much better now though!

    Report on 17 December 2010  |  Love thisLove  0 loves
  • Chancer9
    Love rating 2
    Chancer9 said

    You could also add

    "Will someone just buy one" as there is no mortgage funding available unless you have a £40k deposit.

    or

    "We'll let you speak to our mortgage adviser" code for this is horrendously expensive and overpriced. Most sane mortgage providers won't give you a high enough loan to value ratio but we can if you are insane enough.

    Report on 19 December 2010  |  Love thisLove  0 loves
  • ticktock
    Love rating 34
    ticktock said

    Stop knocking them (estate agents), they are in business to do a job and make money. If you don't like it, don't go to them. Just remember they are being paid by the property seller/owner, not you.

    Over the years I have bought through estate agents a fair number of times and have always got a cheerful service from them for FREE, and yes the houses were for ME to live in, not to rent out.

    Report on 19 December 2010  |  Love thisLove  0 loves
  • shzl400
    Love rating 13
    shzl400 said

    @Phil-B - there is a branch of Roy Brooks down by Peckham Rye. I went in there a while back and they were kind enough to dig me out a (free) copy of "Brothel in Pimlico", a digest of some of Roy's pithier adverts.

    Report on 24 December 2010  |  Love thisLove  0 loves

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