Listen to Property Manager, Jamie discuss Leasehold and Commonhold ownership.
"The difference with Commonhold is the individual property owners own everything. There is no landlord or freeholder to worry about. Each property owner becomes a member of the Commonhold Association, which owns and manages the shared part of the property, under a set of rules approved by the association. Under leasehold ownership, this is limited by time. Once the lease is expired, it will revert back to the landlord."
For more property information, please visit www.bwresidential.co.uk
Tel: 02380 847111
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