Leasehold ownership has been the subject of much controversy in recent months; what is the issue, and how do you work out who owns the freehold of your property?
It’s obvious from the TV adverts for the portals how stressful selling a home is. The adverts for Zoopla and Purplebricks even make fun of it and “commissary” is a new word that entered the English language as a result. It’s that feeling you get when you realise you paid too much in commission for selling your home.
It’s no secret that there are plenty of additional fees to deal with when buying a property besides the actual price of the transaction, from stamp duty to property search fees and survey costs. But there are lots of fees to take into account when selling a property as well. You need to consider the costs that could be involved in holding a vacant property too if the house is left empty incurring costs.
Empty Homes released a report in 2015 which shows how many empty properties there are in the UK. This study revealed that there were over 600,000 empty homes in the UK at this time.