Equity Release Glossary

Use the table below to find the meanings of common shorthand terms used in Equity Release.

Shorthand Meaning
O/S Outstanding
Docs Documents
Red Stat Redemption statement
BINS Building Insurance Schedule
Cert Certificate
Appt Appointment
MO Mortgage Offer
HV Home Visit
Sols Solicitors
EVS Eversheds
Unreg Unregistered land
TP Third Party
Discrep Discrepancy
CT/UB Council Tax Bill or Utility Bill
OW Occupier Waiver
Comp Completion
SF Shortfall
LR Land Registry
TOE Transfer of Equity
TIC Tenants in Common
JT Joint Tenants
DOV Deed of Variation
DOT Declaration of Trust
POA Power of Attorney
LPA Lasting Power of Attorney
EPA Enduring Power of Attorney
Lease Ex Lease extension
FH Freehold
LH Leasehold
Man Co Management Company
Mat Matrimonial
FHP Freehold Purchase
SPL Solar Panel Lease
BTL Buy to Let
RTR Right to Rent
Enqs Enquiries
Reps to Enqs Replies to Enquiries

Common Documents Names

TR1 Document used in Transfer
(i.e. adding or removing someone from the title)
ID1 Document used to verify Identity of Third Party to transaction
ID2 Document used to verify identity of a Company
AP1 Registration application
RX3/RX4 Document used to remove a restriction from the property title
ST5 Statement of Truth for removal of Form A
K18 or K17 Bankruptcy search result
K11 Document use to remove Existing Charge (Unregistered Land)
DS1 Document used to removed Existing Charge (Registered Land)
AS1 Assent
TP1 Transfer of Part
AST Tenancy Agreement
FR1 First Registration Application
SIMR Search of Index Map Result (Unregistered Land)
CCD/WCT Documents to remove Cautions

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