Applying for a bridging loan? Get to grips with property ownership facts
Especially if you are a newcomer to property ownership, phrases such as “freehold” and “tenants-in-common” may leave you cold. And tempting as it is to leave the small print to the lawyers, just be aware that there are several different ways to own a property; each with its own potential benefits and drawbacks for developers and investors.
Pre-purchase, understanding the essentials of property ownership can save...