Friday, 18 March 2016
Becoming a leaseholder could be a better solution. In a previous article we explained the difference between buying a freehold & a leasehold; freehold is where you own the property and the land outright and leasehold is where you lease the property from the freeholder for a particular period of time.
However, if you are considering buying a leasehold property you should make sure that you choose a property with a long lease otherwise you can expect the value of your lease to quickly decline.
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