converting a leasehold property

Buyers planning to invest in a residential property should be aware of the two parlances related to ownership of the property, namely Leasehold and Freehold property. Both these types of property ownership have wide differences between them and understanding these differences is paramount for a prospective property buyer. Inability to understand the conceptual differences between […]

In a freehold property, the owner can enjoy the absolute ownership but in a leasehold property, the holder of property is a lessee and the owner of the property is a lessor who leased out the property for a certain period of time and after expiry of the lease term the lessee has to vacate […]