Buying a house for the first time is a huge step. You’ve spent long hours saving, your little housing fund is now growing nicely, and your entire family is thrilled at the idea that you’re finally “settling down”! You’ve reached the point where you’re ready to put down that deposit and enjoy a space that is wholly yours. Simple, right? Not always! There are lots of phrases thrown about in the housing industry that make little or no sense to the first-time buyer. If you’re new to the property market and struggle with jargon like ‘stamp duty’ or ‘sinking fund’, then read on. We’ve put together the ultimate jargon-buster to help you through the buying process more easily.