Is it better to buy a house freehold or leasehold?
Is it better to buy a house freehold or leasehold?
user
It depends!  If you will likely be in a house for ten years or longer, then you’re best to buy.  If it’s a short-term investment, then leasehold is okay, because you can leave it anytime without a penalty, which can be good for investment.
assistant
Can you buy freehold apartments or are they all leasehold?
user
Well, you can buy apartment blocks of all sorts!  There are various levels of common ownership, and it’s all governed by contract between the landlord and the council, so not all of it is leasehold.
assistant
If I buy a leasehold apartment do I have to share the lease with the other apartment building tenants?
user