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Called a leasehold. Not all property is like this though.
by chrisseaton 5y ago
Called a leasehold. Not all property is like this though.
- pydry 5y agoLike, 85% in London though.
- rowanajmarshall 5y agoAbout 34% of London is leasehold: https://www.gov.uk/government/statistics/leasehold-dwellings-2019-to-2020/leasehold-dwellings-2019-to-2020 https://www.gov.uk/government/statistics/leasehold-dwellings...
- pydry 5y agoOk, maybe I should have specified "under £650k within zones 1, 2 and 3". I'm sure Roman Abramovich's mansion is freehold as are all those semidetached houses on the outskirts with a 55 minute commute to the centre.