FREEHOLD PURCHASE (HOUSES) – TOP 10 FACTS

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Freehold Purchase – Top 10 Facts for individual house owners. Manchester, London, UK Wide, Lease Enfranchisement. Historically the word “enfranchisement” meant “liberation from imprisonment or slavery” in relation to people. Used in the modern-day context of property ownership, “enfranchisement” refers to the release from control by the freeholder. Owning a leasehold refers to renting property for a limited period of time, for a specified rent, and on terms contained in the lease. Like the terms of any contract, if the terms of the lease are breached then there are consequences. However, … Read More