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Ciarans Top Tips: Number 4

Ciarans Top Tips: Number 4

Freehold or Leasehold

 

If you are looking at investing in a leasehold property there are two things to consider.  Firstly, how many years are remaining on the lease.  And secondly whether there are any associated costs or conditions attached to the lease.  When searching for leasehold properties to purchase it’s always a good idea to look for ones with a lease that has in excess of 90 years remaining.