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Leasehold Info Needed

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What is the current value of house, off  Chippinghouse Road now ?  Must be over £150K ?

 

Was any compensation paid based on ground rent or house value , on the house lost to slum clearance ?

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On 29/01/2023 at 12:29, topflat29 said:

When you own a house under  freehold title, you are the legal owner of the property. There is no risk of forfeiture for a   freehold house.

 

When you own a house under leasehold title, you are the long term  rent tenant  of house owned by the freeholder.

 

Your question about "putting buyers off", should be  answered by   local  estate agents  operating  around your  district.  

Many house buyers will refuse to view leasehold houses,  so you may not attract  offers from  buyers  looking at   freehold  houses.

Yes- although in law the freeholder is only a tenant in fee simple, owning a freehold estate held from The Crown.

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