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Leasehold

This is when you own the property for a set number of years, after which it goes back to the Freeholder. Most flats in England are Leasehold, and although most Lenders will lend on Leasehold properties, they will demand that there is a number of years left on the lease before making a loan (this could be 60 years, but will depend on the Lender) .

 

 

 

   
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