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What is leasehold - foreign investor?

What is leasehold and is it a viable option when looking for investment properties? From a foreign investor.

Asked on Mar 23 2010, General in London | Report content

Answers (1)

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  • Yes leasehold is viable for any investor as long as a good solicitor checks the lease. Flats and maisonettes that share Communal grounds are usually leasehold but if it is a good modern lease it represents no real issues over buying freehold. Watch out for High maintenance charges as this may eat up more of the rent income than it should.

    Answered on Mar 23 2010, Report content

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