Freehold

brucie1996 | 14:38 Tue 23rd Jun 2009 | Personal Finance

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If your house id freehold will this increase the value of the house when you sell it? Can anyone help please

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As a general rule I would say yes they are more valuable,but if it was leasehold it would all depend on how long the lease is.

You may find this useful:
http://www.buyassociation.co.uk/homes/text/leg al-and-conveyancing/buyassociation/understandi ng-freehold-and-leasehold.html

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Many thanks I was told it it can add 10K to the price of your house but I did not know if that was true

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