Share of Freehold explained
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- čas přidán 3. 04. 2022
- In this video I explain what Share of Freehold means and the implications surrounding this.
First time buyer tips and advice from an estate agents point of view.
Expert property advice for buyers in the UK but can be applied to other countries.
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Why is there an associated lease length on a share of freehold?
Ah finally! Someone explaining share of freehold clearly. Thank you!
Thanks for this info. Explained better than Google!
I do have a quick question. We live in a big old Victorian property. We have 1 FREEHOLDER and 3 LEASEHOLDERS. Worth mentioning we are all friends. The FREEHOLDER has indicated that it would be a better idea for us all if it was changed to a SHARED FREEHOLD. My question is regarding the percentages, as the FREEHOLDER owns a considerable chunk of the overall property, the breakdown is FREEHOLDER : 65%, LEASEHOLDER 1 : 15%, LEASEHOLDER 2 : 12.5% and LEASEHOLDER 3 : 7.5%. How would we best split this up with regards to the shares in the company, and the breakdown of costs should repairs be needed..?