Properties with short leases are becoming increasingly uncommon, leading to a lack of awareness among buyers about their implications. Often, buyers only realize the consequences of purchasing a
- Home
- |
- Category: Lease Options
Is It Better To Extend Lease or Buy Freehold?
If you’re a leaseholder facing a dwindling lease or steep ground rent, you might be exploring your options to address these issues. Under the Leasehold Reform Housing and
Can A Freeholder Refuse To Extend A Lease?
Are you navigating the complexities of extending your leasehold property? Concerned about your rights or potential refusal from your landlord? Delve into our exploration of whether a freeholder
Does Extending A Lease Add Value To A Property?
Extending your property’s lease can be a strategic move, not only enhancing its value but also improving its marketability. Thanks to the Leasehold Reform Act of 1993, the
What Happens When The Leasehold Runs Out?
Property acquisition, particularly leasehold properties, comes with its challenges. This blog aims to address common queries regarding leaseholds in England and Wales. Unlike houses, most flats are leasehold,
Can You Get A Mortgage On A 62 Year Lease?
When it comes to purchasing a leasehold property with a relatively short lease term, such as a 62-year lease, potential buyers often wonder about their mortgage options. A
Why Not To Buy A Leasehold?
When you buy a property freehold, you own the building and the land it’s on outright. This ownership lasts indefinitely, giving you complete control over the property until
Is Leasehold Going To Be Abolished?
The Leasehold and Freehold Reform Bill, introduced to Parliament on 27 November 2023, represents a significant step towards providing leaseholders with a fairer deal and greater autonomy over
When Should I Be Worried About A Leasehold?
You’ve found your dream home, and it’s a leasehold. So, what does that mean? With a leasehold, you own the property until the lease expires. After that, ownership
How Much Does It Cost To Extend A Lease?
Leasehold properties are governed by intricate legal agreements known as leases, delineating the rights and obligations of both landlords and tenants. Unlike freehold ownership, leases confer limited occupancy