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What is the Difference between freehold and leasehold?

Freehold and leasehold are both types of housing tenure. Housing tenure refers to the financial arrangements under which someone has the right to live in a house or apartment. The most frequent forms are a tenancy, in which rent is paid to a landlord, and an owner-occupancy. Mixed forms of tenure are also possible.

Leasehold Reform: Abolition of the Two-Year Rule

In a significant move towards modernising the leasehold system, the UK Government has abolished the two-year rule under the Leasehold and Freehold Reform Act 2024 (LAFRA). Effective from 31 January 2025,

Risks Involved in DIY Conveyancing and Why to Avoid It

Conveyancing is a complex process typically handled by licensed conveyancers or solicitors specializing in property law. Recently, some individuals have attempted DIY conveyancing to save money or because they believe it to be straightforward. However,