Am I better off buying a leasehold or a freehold property?
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Am I better off buying a leasehold or a freehold property?
Tina Jesson (Property Developer / Marketer) gives expert video advice on: Should I invest in one big project or lots of smaller properties?; How important is the property's location?; What should I avoid in a local area? and more...
Now I would always say to go with a freehold property rather than leasehold. Because the leasehold term will reduce as time goes by, it potentially becomes less valuable. Whereas a freehold gives you a lot more scope and it does retain its value a lot better in the market.
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