Search Search for: Home About Contact Help to Buy Property Search for: Property Freehold Versus Leasehold Properties – What Are The Differences? So, you are ready to make an investment and get your first home. You are ready to get on the property ladder, whether this is your first home or you are pushing to become a landlord. If you have already dealt with properties, you might be familiar with jargon terms and specifications when it comes to properties. But if you are completely new, you may need to resear
Now, when searching for properties, you will notice that some of them carry the freehold tag, while others bring in a leasehold status. Even your bank or mortgage adviser will ask about these things. But then, what do they really mean? What kind of responsibilities do they come with and how can they affect your property?
Understanding what freehold means