UK
Purchaser
Purchaser is the British legal word for the buyer of a property. Day to day, negotiators say buyer. In the US the word is buyer, and the agent who represents them is the buyer’s agent.
Also called Buyer.
Buyer or applicant
On a sale, the person hoping to buy is a buyer. On a letting, the person hoping to rent is an applicant, and later a tenant. Using buyer for a rental enquiry confuses the file and the follow-up.
What you can say about them
You can report what they asked for, the price they offered and whether they have a property to sell or a mortgage to arrange, if they told you. Do not guess income, and do not pass on sensitive details that are not needed to judge the offer.
Questions
What does Purchaser mean?
Purchaser is the British legal word for the buyer of a property. Day to day, negotiators say buyer. In the US the word is buyer, and the agent who represents them is the buyer’s agent.
General information for agency staff, not legal advice. Rules and local practice change. Check the official source before you rely on a definition in a client letter.