Further reading
Damp - What to look out for when assessing a property
How can you work out what properties are likely to sell for at auction?
The main differences between freehold and leasehold explained ...
In simple terms it is the difference between owning your own home and having a landlord.
Freehold
Leasehold
As a leaseholder it is important to abide by the terms of your lease. You have to pay annual ground rent, service charges, maintenance fees and your share of the insurance on the property. You should also make sure you are aware of the lease term of your property; if it is fewer than 80 years then you may find it difficult to obtain a mortgage. The lease term can be extended, but this can be expensive.
Commonhold
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Essential Information Group - News and Information
Keep up to date with our latest news, case studies and what's going on in the property auction industry on our blog.
Buying at auction
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EIG Property Auctions: Maximising Your Property Investment
For developers seeking their next renovation project, property auctions are the ideal place to find potential properties.
Buying at auction
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What is property auction finance?
Property auction finance is a specialised type of short-term lending designed to help buyers quickly secure the funds needed to purchase properties at auction.
Buying at auction
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The Two Main Types of Property Auction
There are two main types of property auctions: traditional property auctions and the Modern Method of Auction