National House Building Council (NHBC)
The purpose of the NHCB is to raise the construction standards of new homes in the UK and provide consumer protection for homebuyers through its 10 year buildmark warranty.
Net Operating Income
Net Operating Income is the annual income by a property after deducting all expenses occurred from the operations.
Net return is your gross income from an investment minus any deductions such as income tax or capital gains tax.
Net Worth is a key measure of how much an individual or business is worth. It is the value of total assets minus total debt owed. Consider the following example, you own a property worth £250,000, a car worth £25,000 and an investment portfolio with a market value of £100,000. However, you have an outstanding mortgage balance of £100,000 and a car loan of £10,000. You therefore have assets of £375,000 but debt of £110,000. So your net worth is £375,000 - £110,000 = £265,000.
A non-performing loan is a failure to meet the legal obligations (or conditions) of a loan, for example when a home buyer fails to make a mortgage payment, or when a corporation or government fails to pay a bond which has reached maturity.