Lifetime Lease Property Purchase

Published / Last Updated on 28/03/2018

Lifetime lease is where you buy a property below its market value as you are buying a lease to live in it for the rest of your life but when you die, teh ownership reverts to the freeholder owner.  In simple terms, you are paying a lump sum lifetime rent upfront to live in the property.  This may help you move/upgrade property or you may simply wish to sell on the same basis (known as a home reversion scheme).


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