Skydragon
Imperial Majesty
- Joined
- Oct 25, 2005
- Messages
- 10,910
- City
- London and Highlands
- Country
- United Kingdom
With leasehold, you do not have the opportunity to buy the land your house is built on. Although you own the house, you have to pay ground rent or a management fee. As you say, if you sell the house, the new owners have to sign a contract with the landowner, agreeing terms and conditions.Suonymona said:You buy the house and land but its in a gated area controlled by a group you pay dues to (usually annually).