It is also easier to leverage a freehold property to procure funds in case of future requirements.” Buyers generally prefer buying a freehold property as it gives them complete ownership rights of the property bought as against leasehold in which the land belongs either to the State Authority or theRead More →
The basic problem is that most lenders will not accept a freehold flat as ‘good security’and therefore they are a problem to both mortgage and sell. … Because of the legal problems associated with a freehold flat and the lack of lenders the value of such properties are adversely affected.Read More →
If you buy a property with a Share of Freehold, this means you own your property leasehold plus a share of the freehold for the building your property is in and the land it’s on. This usually applies to apartments. Can you fully own a Shared Ownership property? While theRead More →