Author: ms.admin

One significant decision you’ll make when purchasing a home is whether to purchase a freehold or leasehold property. Freehold means you’ll own the property and land outright, whereas leasehold means you’ll ‘lease’ the property from a freeholder. It’s imperative that you understand what’s involved with a leasehold property before your purchase. Don’t make the same…

A Section 42 Notice is a formal request from a leaseholder to the freeholder or landlord (or both) and any other appropriate party to extend their lease on a property. This provides a leaseholder with an extension of 90 years on top of the remaining lease term and a ground rent reduced to zero. With…