What investors need to know about leasehold flats

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If you decide to add a flat to your portfolio, it will be a leasehold
property and this will mean a further layer of complications that you need
to be aware of. If you own any flats already, now is an excellent time to
enhance them by correcting lease length and management. However, do
beware, since although the law entitles you to address the many
shortcomings, the process is complex and even catches out many involved in
the field.

For those considering buying flats:
Issues relating to the leasehold of flats can have a huge bearing on the
value and market marketability of a flat. Here are some things to
consider: Read the rest…