What are the advantages of shared ownership? What are the disadvantages of shared ownership?

Jan 25, 2023 ... What does share of freehold mean? If you purchase a flat that has a 'share of freehold' it means that you will not only own your flat, but also ... A share of freehold means you own the leasehold for your flat while also jointly owning the freehold for the building with other flat owners. May 19, 2024 ... With a flying freehold, the property is freehold, meaning the home is owned by the property owner. This contrasts sharply with a leasehold ... Holding a share of freehold also means that everyone in your property will be invested in the block to a certain degree. This should mean that your property is ... Freehold is where you own the property and the land it sits on. ... The fact that two of the flats are leased does not mean that Fred stops owning the freehold. Apr 16, 2024 ... With the latest developments in Parliament, now is an opportune time to explore what these proposed reforms will mean for leaseholders, ... A share of freehold means you own the leasehold for your flat while also jointly owning the freehold for the building with other flat owners. Dec 17, 2016 ... In the strictest sense of the words, Freehold and leasehold mean what you think they do. Freehold is that you own it outright and leasehold ... Jan 28, 2022 ... If a person owns a property and has the right to buy and sell that property, this situation is known as a freehold estate. ‍. ‍. What Is a ... a building or piece of land that is owned by someone without time limit: Their stores do add a bit of solidity to their balance sheet as they are all freeholds.