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To answer that you first need to know: What is the difference between freehold and leasehold? IF YOU OWN THE FREEHOLD, YOU OWN THE PROPERTY INDEFINITELY. IF YOU OWN THE LEASEHOLD THEN EVENTUALLY THE LANDLORD WILL GET THE PROPERTY BACK. The problems flow really...
There are two ways to own property: Freehold and Leasehold. A Freehold is when you own the property indefinitely, with Leasehold property you have the right to the property for only the length of the Lease. The Lease is granted by the Freeholder so when the Lease...
Your Toomey Legal step-by-step guide This is a very brief step by step guide of the purchasing process. There may be additional things come up which means that one or more of the stages are not applicable or they may be delayed due to individual circumstances. Toomey...
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