View Single Post
Old 04-03-2012, 02:37 AM   #10051
limey
Encroaching on your decrees
 
Join Date: Feb 2004
Location: An island within the south-west coast of Scotland
Posts: 7,016
Quote:
Originally Posted by Gravdigr View Post
"Share of Freehold"? Is that like a timeshare?

£2.35 mil, for a timeshare?

BTW: Why do they have that picture of Tina Fey?

Attachment 38169
I think it means you own outright only part of the building. "Freehold" as apart from "leasehold" where you'd own part of the building for a fixed period of time (often leases start at 99 years, but they're tricky to sell on when they're down to just a few years. My parents life in London started in the four-year tail-end of a lease. Looking back, we'd never have been able to afford to live in that area any other way).
__________________
Living it up on the edge ... of civilisation, within the southwest coast of
limey is offline   Reply With Quote