Lease Option

A lease and an Option combines. The option provides the opportunity but not the obligation to buy a property or piece of land within a certain time. A down payment is required but maybe as low as Synonym =...

Leasehold

This is normally described as ownership of Land/property for a fixed period of time. This ownership is subject to the annual payment of ground rent to the owner of the...

Lender

Company or person who lends you money for a agreed time period. There will normally be interest charged and they will expect their money back within this period plus the interest.

Let To Buy

Obtaining a mortgage to purchase a new property to move into whilst a previous property is let out to tenants. Retains original property as an investment with mortgage paid by...