Summary
When purchasing an apartment, flat or maisonette, in England and Wales, the tenure, which is the form of registration at Land Registry, will normally be leasehold.
Leasehold means that you have the right to occupy the flat for a set period of time, (the residual amount of the existing lease) but do not own the building itself, or the land it stands on, known as the freehold.See the full content of this document
Extract
; Home Front
You would also be
In real terms you have agreed to pay rent (the purchase price) up fron...See the full content of this document
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