Mortgage warning: Leaseholds likely to be impacted as freehold costs skyrocket – be aware

Once the lease comes to an end, the property will return to the landlord. According to the government, most flats are under a leasehold agreement but houses can also be leasehold too, especially if they’re bought through a shared ownership scheme. Most houses are bought under freehold, which means that the buyer owns the land […]

from Newslanes https://ift.tt/323S7jh