Freehold

What's your view on the whole leasehold, freehold side of things there? Because I think one of my concerns, I'm only looking from the outside in as a layman, but one of my views is people get very excited about...

let's say top level returns but how realistic are these returns to achieve when you know when you're buying a diminishing lease and I think you know obviously the people that talk with a lot of confidence about oh well you'll just renew it or you'll just do this I think you know I don't know if anyone's been here long enough to have actually gone through the cycle I mean so many of the people here have been here two years five years six years you know talking about what's going to happen at the end of a 20 end of a 25 25 year lease renewal but I mean you know what what's I mean, do you have any freehold stuff, or is everything you deal with leasehold? Everything we do is freehold.

Freehold? We only do freehold.

Okay.

So we offer it to our clients, leasehold, but we buy it freehold.

On the certificate, you have a date where you need to renew the certificate.

So that's typically every 30, 20, 30, 20 year.

This is on the freehold side or the leasehold side? Freehold.

Yep.

Freehold versus leasehold.

Now, most of those countries you just mentioned, Bali, Thailand, Philippines, a foreign person is allowed to buy an apartment, but they're not allowed to own land in their own name.

So typically the structures that they implement to purchase land in those countries, one is they'll have a girlfriend there and they'll put it in the girlfriend's name or two or a wife.

To the last, he always spoke of foreign travel as the best cure for Jacobitism.

In his Freeholder, the Tory fox hunter asks what travelling is good for except to teach a man to jabber French and to talk against passive obedience.

From Naples Addison returned to Rome by sea, along the coast which his favourite Virgil had celebrated.

The faluca passed the headland where the oar and trumpet were placed by the Trojan adventurers on the tomb of Maecenas, and anchored at night under the shelter of the fabled promontory of Circe.

During the interval which elapsed between the time when the censorship of the press ceased and the time when parliamentary proceedings began to be freely reported, literary talents were, to a public man, of much more importance, oratorical talents of much less importance than in our time.

At present, the best way of giving rapid and wide publicity to a statement or an argument is to introduce that statement or argument into a speech made in Parliament.

If a political tract were to appear superior to the conduct of the Allies or to the best numbers of the Freeholder, the circulation of such a tract would be languid indeed when compared with the circulation of every remarkable word uttered in the deliberations of the legislature.

A speech made in the House of Commons at four in the morning is on thirty thousand tables before ten.