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all correct, however you can exercise your right to buy the freehold but only when you have bought 100% of the leasehold, typically you buy the leasehold in stages so you might buy 50%/75% of it first in return for this large discount though you also pay quite a high monthly rent. Negative Equity can also have a bigger impact on SO houses.



We never had the option of buying the freehold. Checked every piece of paperwork we had with a fine tooth combe.

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lease premiums and increases are all listed in the actual Lease which should be read fully by the purchaser/solicitor.


Again not mentioned in any of the documents we had. We got our rent increase removed because it was nowhere in the documents. But it is something to be aware of!
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