Property knowledge quiz

What would you
check next?

A short learning exercise. Open each answer after choosing your response.

1. A leasehold flat has 71 years left on the lease. Is the headline price enough to compare it?

Reveal the learning point

No. Lease length, service charges, ground rent, planned works and professional advice may materially affect the decision.

2. The EPC says B. Does that guarantee low bills?

Reveal the learning point

No. Bills depend on occupancy, tariffs, weather and condition; confirm the certificate and real arrangements.

3. A listing says “near a station”. Can you assume the journey time?

Reveal the learning point

No. Check the route, mode, timetable and time of travel using an appropriate current source.

4. A seller accepts an offer. Is the sale legally complete?

Reveal the learning point

No. In England and Wales an accepted offer is generally subject to contract until exchange; processes differ across the UK.

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