Real Estate

Is a freehold worth anything?

Is a freehold worth anything? In real estate, a freehold property is indeed valuable as it grants the owner complete ownership of both the building and the land it stands…

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Why would anyone buy a freehold?

Why would anyone buy a freehold? Purchasing a freehold property offers several advantages, such as full ownership of the land and building, greater control over modifications, and no ground rent…

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Are leasehold houses harder to sell?

Are leasehold houses harder to sell? Generally, leasehold houses can be more challenging to sell than freehold properties due to the complexities involved in lease agreements. Buyers often prefer the…

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Can you extend a 999 year lease?

Can you extend a 999-year lease? Yes, extending a 999-year lease is possible, though it is uncommon due to the lease’s lengthy duration. Leaseholders may seek an extension to maintain…

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