Updating post from Reddit.
Hello,
Currently looking at purchasing a BTL property through a LTD company and a mortgage.
What is best, I'm leaning towards freehold, but there are a fair amount of flats that cost a little less, I know there will probably be maintenance charges etc... but thought I'd ask.
Anyone have any advice or preferences themselves?
Freehold defo, cant be held to ransom by management companies
It’s all in the numbers ultimately. Just make sure you understand all the costs of a leasehold and factor in the risk of uplift.
Never ever buy a leasehold property as an investment. Simple as that
Hi, may I ask why it's not good to buy leasehold. I currently have two flats both at 250 years lease and getting good yield as rent as they were cheaper to buy. No ground rent. Flats i bought are electric, so less maintenance. Houses have more maintenance costs and are expensive to buy?
Fh house. We have a LH flat never again even at the sky high rent we get.
freehold better than leasehold
house better than flat