Glossary

The world of property investment can sometimes be confusing; our Glossary is full of useful terms to help every investor, whether they are a first time landlord or a seasoned portfolio builder.


B

Basic State Pension


The basic State Pension (maximum £113.10 per week) is a regular payment from the UK government, which you are entitled to if you have paid or been credited with National Insurance contributions, and are a man born after the 6th of April 1951 or a woman born after 6th of April 1953. The State Pension fluctuates due to both the average percentage growth of wages in the UK and the percentage growth in prices as measured by the Consumer Prices Index (CPI).