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leasehold

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kitchenmares | 18:11 Sun 11th Jun 2006 | Home & Garden
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what is a leasehold property? ours is amobile home, we own the building but pay ground rent, so really this a freehold property isnt it? thankyou.
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Avatar Image NORMANTHEDOG

no its not because you dont own the land

21:59 Sun 11th Jun 2006
Avatar Image spudqueen
No, it's freehold if you own the land your building is situated on, if you pay ground rent then it will be leasehold as you don't actually own the land you just lease it.
21:59 Sun 11th Jun 2006
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many thanks, NORMANTHEDOG and spudqueen.
09:15 Mon 12th Jun 2006

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