Leasehold property:

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Leasehold property: 

What does it mean to buy a leashold property?

Leasehold: Unlike a freeholder, as a leaseholder you own the property BUT NOT the land on which it is built - that is owned by the freeholder. Ownership of your property is also for a set period, ehich can be a number of years, decades or centuries, depending on the length of  your lease.


Are leasehold properties a good investment?

What's a good Leasehold? As previously mentioned, any lease with less that 80 years can have a nagative impact on your overall investment - making it harder to secure a mortgage and potentially pushing property prices down. In terms of a good lease, anything over 80 that suits your needs is ideal for an investment.


What is the benefit of leasehold property?

The Advantages of a leasehold property are:

Typically less expensive. In some cases, less responsibility for repairs and maintenance. Provides a home for people needing short-term accommodation. There is still the possibility of buying the property outright, through enfranchisement, or share of the freehold. 










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