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What are the benefits of buying the freehold?

April 26, 2017Benefits buying Freehold

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What are the benefits of buying the freehold?

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Being a freeholder is more secure than being a leaseholder. Buying the freehold may make it easier to sell your home. This is because: • freeholders have more control over the management of their homes • most freeholders don’t have to pay ground rent • freeholders can normally only be evicted if they don’t pay the mortgage or other secured loans.