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Residential leasehold properties are often referred to as 'owned' in the UK [1] and Ireland [2] and can be bought with mortgages. However, the structure is quit
by spacebanana7 4y ago
Residential leasehold properties are often referred to as 'owned' in the UK [1] and Ireland [2] and can be bought with mortgages. However, the structure is quite controversial [3].
[1] https://en.wikipedia.org/wiki/Leasehold_estate https://en.wikipedia.org/wiki/Leasehold_estate
[2] https://mullinstreacy.ie/freehold-vs-leasehold/ https://mullinstreacy.ie/freehold-vs-leasehold/
[3] https://www.ft.com/content/b8068d5f-b4b9-4be6-a67e-1866fee6896c https://www.ft.com/content/b8068d5f-b4b9-4be6-a67e-1866fee68...