25 Things Every Flat Owner Should Know

Posted on May 23, 2013 in General Info

Our very helpful friends at News on the Block have written a free guide for landlords.

Point no.1 is:

“You don’t actually own your flat. Yes, that’s right. It may sound surprising but as a pure matter of law you don’t own your flat. You may have a mortgage and paid several hundred thousands pounds for your property, but you still don’t actually own the flat. What you have bought is a special type of property contract called a “lease”. Your lease entitles you to own your flat for a defined period.”

Find out more by downloading this free guide from News On The Block: