ScotProperty.com

LAFRA - Leasehold and Freehold Reform Act

LAFRA is beginning to generate a lot of discussion in all parts of the industry, and support for it seems to be turning to opposition from what I am seeing. Some of the reasons are justified.

Freehold or Leasehold what do they mean?

Wherever purchasing a property in the UK it will usually be on a Leasehold or Freehold basis. It may even be a Leasehold with a share of the Freehold. What does this all mean for the purchaser? Let's find out.

Is this the end of leasehold, again?

Seems like only yesterday that the Government was promising to remove leasehold on new build properties, well it was 4 years ago. But here we are again!