If your dream is to live in England for the rest of your life, and settle in a home in which you want your grandchildren to visit you, and not have many financial burdens, then this is the way to go. A freehold purchase means many things. That sounds like an amazing feeling. Knowing you own a piece of land, and it is completely up to you to decide what happens to it or what you build on it can feel pretty liberating and exciting. A leasehold purchase is quite different from the previous. The purchases are usually set for a long period of time, varying in length from 40 up to 999 years. Yeah, you read that right, 999 years. You might be asking yourself, why would anyone lease anything for 999 years? The simple answer is that essentially; this will remain yours until you perish.
