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Podcast: The Property Nomads Podcast
Episode: Freehold vs Leasehold - The Pros And Cons Of Both
Description: Rob talks about the advantages and disadvantages of both freehold and leasehold properties, highlighting a news article about leaseholders in London being hit with unexpected service charges. Rob delves into the benefits of freehold properties, such as ownership of the land and building without the need for permissions or additional costs. KEY TAKEAWAYS Leasehold properties come with the disadvantage of potential unexpected service charges, as highlighted in the article discussed in the podcast episode. Freehold properties offer more freedom and flexibility as the owner has complete ownership of the land and building, without the need for p...