Ten Reasons Not To Buy Leasehold
January 24, 2016
Imagine a perfect world where all properties were freehold. Unfortunately in England, this scenario doesn’t exist. The main advantage of buying freehold is that you have total control – but with that comes all of the maintenance bills of course. I fully appreciate that sometimes we have to buy a leasehold property because the budget we have for a particular location will not stretch to a self contained building on its own plot. Beware of the pitfalls though – here are ten to consider:
1. You […]
I’ve found a property I really like. The figures really stack up and if I could get the funding I could make the deal happen. But there’s just one problem – it has been underpinned. That’s right it doesn’t have subsidence. It did have it, but it’s been sorted out, it’s been underpinned so that’s ok now isn’t it? No! It’s the kiss of death.