Why Sticking with a Cross-Lease Could Cost You Thousands
Why Convert from Cross-Lease to Freehold? If you own a cross-lease property, you technically don’t own the land outright—you share ownership with other leaseholders. This can cause legal headaches, restrictions on renovations, and even lower resale value. Upgrading to freehold (fee simple) gives you: ✔ Full ownership of your land ✔ No more consent requirements from neighbours for changes ✔ Higher property value (buyers prefer […]

