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hey my names jeff nicholson and today i want to talk about the new leasehold reform thats coming through into the uk at any moment now this has been going through for a little while and its going to mean big things for those who own a leasehold you see when you own a lease maybe its probably more likely on a flat but some houses do have this what it means is that you own a property for a predetermined amount of time so some people get confused about this a little bit they buy a property and they think that maybe they own it forever which normally you do if you own a house that has a freehold but when its a leasehold somebody else owns the freehold they own everything around it and youre leasing it off them normally at least would start at 99 years but some leases can be as long as 999 years now there are businesses that their job their business is all about buying freeholds and thats their business because where they make their money is when you need to extend and im going thr
