Body | I might be relocating to glasgow later this year due to my job, I was having a random look at property as I'm a first time buyer, I've been looking specifically at flats and noticed like 90% are freehold? Being from south England I didnt even know this even existed as it's all leasehold here.
I did a bit of a research and all the articles I read online were saying it's almost impossible to get a mortgage on these types of properties? Is this true, do people use bridging loans or something similiar?
I just can't imagine many people having 100k+ lying around in their bank to buy these flats in cash. |
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