Author: Editor

Owning the leasehold of a property means that you own it for a specified number of years. As the years remaining on the lease reduce, the value of the Leasehold property goes down, and therefore, a lease can often be described as a depreciating asset....

Many individuals who lease a flat are not aware that they can buy the freehold from the landlord.  If the landlord is thinking of selling the property, he must first give the leaseholders the right of first refusal, or, if enough of the leaseholders want...

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