Jargon Buster

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Undertaking
Any problems identified in the survey of your property i.e. rising damp or dated wiring, needs to be rectified by you if the plan is to proceed. Most plan providers will complete the plan subject to an Undertaking that you will rectify any such problems within an agreed time scale once the plan has been completed.

Upkeep
All SHIP plan members are responsible for the upkeep of their property. Your property must be kept in the same condition as at the plan's commencement.

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