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.


Personal Allowance

In the UK, your personal allowance is the threshold above which income tax is levied on your income. If you were born after the 6th of April 1948 and your income is less than £100,000 your personal allowance is typically £10,000.