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Is leasehold that common outside of London? My parents own their property as freehold, and it's only an hour from London by train. Tbh, I just ended up emigra
by alexgmcm 5y ago
Is leasehold that common outside of London?
My parents own their property as freehold, and it's only an hour from London by train.
Tbh, I just ended up emigrating as the property market was so bad it felt hopeless.
- gpderetta 5y agoLeasehold is pretty much guaranteed for flats, outside of Scotland. Of course flats might be more common in London than elsewhere. There are leasehold houses but I believe these days they are actually outlawed for new builds; of course builders found other creative "solutions" to extract rent even from freeholds, which are not protected by leaseholder rights.