Showing results for "Freehold"
markets
Why UK Wants to Overhaul Its Ancient ‘Leasehold’ Laws: QuickTakeIf you buy an apartment in England, chances are you aren’t actually “buying” it at all. In most cases, you’re paying the real owner for the right to live there for a set period. “Leaseholds” are one of the oddest, and most contested, quirks of Britain’s ancient property laws. Critics who see them as a license for landlords to rip off their tenants have finally convinced the government to introduce legislation to overhaul the system. What’s promised, however, looks more like an evolution than a rDecember 1, 2023