Genral

In the ever-evolving world of real estate, choosing the right type of property ownership can have a significant impact on your investment. When it comes to freehold purchase, it offers several advantages that can make it an attractive option for property buyers. In this blog, we'll explore the advantages of freehold ownership in real estate, and how it relates to lease extension and property valuation. Benefits of Owning Freehold Property The various benefits of owning freehold property are as follows:  1. Ultimate Ownership and Control Freehold ownership provides the most comprehensive form of ownership for a property. When you purchase a freehold property, you own both the property and the land it sits on outright. This means you have complete control over your property without worrying about lease restrictions. Unlike leasehold, where you may have to deal with lease extensions or renewal fees, freehold ownership gives you the freedom to make decisions about your property withou...

If you are thinking of buying a freehold property in London, or extending your lease on a leasehold property, you will need to get a property valuation. A property valuation is the process of determining the market value of a property. This information can be used to negotiate a fair price and to ensure that you are not overpaying for the property. In this blog post, we will discuss the importance of property valuation for freehold purchase and lease extension, as well as some of the best property valuers in London. Freehold Purchase When you purchase a freehold property, you are buying the land and the building on it outright. This means that you will own the property indefinitely and will not have to pay any ground rent or service charges. Before purchasing a freehold property, it is important to get a property valuation to ensure that you are paying a fair price. A property valuer will take into account a number of factors when determining the value of a property, including: The lo...