Exploring the Benefits of Lease Option Properties for Sale in the UK

There is no doubt that property investment is a popular way for people to start making money on investment and diversify their portfolios. That being said, it can be tricky getting into property investment because of the fact there are so many different routes available for buyers to explore. Some people buy outright, some take out a mortgage, whilst others opt for a lease option agreement. This article is going to talk about the latter in more detail, specifically, what are the benefits for both landlords and tenants? 



So, let’s start by establishing what a lease option agreement is. A lease option agreement is when a tenant is given the option to either completely renew or extend their lease of a property. There are clear differences between an option to renew and an option to extend as they both work differently from one another and both carry their own implications. 


An option to renew means that the original lease that was put in place was coming to an end, and then a completely brand-new lease is created off the back of that. The terms of this new lease are exactly the same as the previous one (although can be subject to variations if either party deems them necessary). 


Read More Benefits of Lease Option Properties for Sale in the UK 


Location: United Kingdom

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