The ELITE- home of big birds, burgers and beautiful people!

mum-of-4boys

Smart1e wrote: »

No mum of 4 it's 2 different things, they might have a mortgage.

I'm rubbish at explaining but this might help

http://www.home.co.uk/guides/buying/leasehold_freehold.htm

THANKS for this cos hubby was determined it meant that the morgage was paid off

purpledonkey

bubbs wrote: »

ok will investigate, thanks:T:T

I'm on Twitter and FB but I don't bother with reviews on there. I leave a gushingly enthusiastic review on the Orchard page instead, seems to earn you more points

nerfdad

mum-of-4boys wrote: »

hi , just a quick question if someone owns a property freehold, does that mean that they don't have a morgage on it? TIA

I have a mortgage on my house and it's free hold:)
Free hold means you own it
Lease hold means someone else does but if your looking at buying always go free hold as on lease hold there is maintance to pay:o

bubbs

mum-of-4boys wrote: »

Hi thanks bubbs, did look on google but did'nt really understand it, but it does look like it means property is owned without a morgage thanks

Well what smartie said, sounds like not:(

Tinyshoes

fairclaire wrote: »

Oh stay indoors and be safe TS. It was squally here earlier (at school run time, of course ) but luckily it never came to much

Gusts expected of up to 80mph but think we are in shore far enough to be a bit sheltered from those speeds.

Just been reading and Poole quay is on flood alert.

Hope Nictrinwyn will be ok she is the other side of town to me I think. :eek:

David.

purpledonkey wrote: »

with extra socks

Just got back from Ms, glad to see strawberries are still 99p .

It is cold you know
and by it I mean the weather

nerfdad

mum-of-4boys wrote: »

THANKS for this cos hubby was determined it meant that the morgage was paid off

I wish it was as I only have 24 years and 5 months left:(

rose28454

mum-of-4boys wrote: »

hi , just a quick question if someone owns a property freehold, does that mean that they don't have a morgage on it? TIA

No
Leasehold is a form of land tenure or property tenure where one party buys the right to occupy land or a building for a given length of time. As lease is a legal estate, leasehold estate can be bought and sold on the open market. A leasehold thus differs from a freehold or fee simple where the ownership of a property is purchased outright and thereafter held for an indeterminate length of time, and also differs from a tenancy where a property is let (rented) on a periodic basis such as weekly or monthly.

msgoggins

Call_of_Trouty wrote: »

The ken hom chicken chow mein are 2 for £6, not 3 for £6

Edit: Just worked it out, the curry and rice is obviously 2 for £6 as well .

2 x £6 + £3.50 =£15.50
But on the receipt it shows as £9.04 + £6.46.

Aww nuts - sorry if I've mislead anyone but I wouldn't have picked up 3 had I not read the SEL as 3 for £6. I'm informed also that it's not very nice as there's a bitter aftertaste (sigh!)

bubbs

Oh nerfy clever boy!!:T:T:T