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Freehold and leasehold

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Freehold and leasehold

Most property in England and Wales is owned on a freehold basis. If you own a house you will usually own the freehold and with a flat or an apartment you will typically own a lease instead.

Scotland has its own version of freehold, called ‘feuhold’, and leasehold property is very rare.

Whether you own the freehold, or just the lease, affects your property rights and who is responsible for maintenance costs.

Freehold and leasehold

Most property in England and Wales is owned on a freehold basis. If you own a house you will usually own the freehold and with a flat or an apartment you will typically own a lease instead.

Scotland has its own version of freehold, called ‘feuhold’, and leasehold property is very rare.

Whether you own the freehold, or just the lease, affects your property rights and who is responsible for maintenance costs.

Freehold and leasehold

Most property in England and Wales is owned on a freehold basis. If you own a house you will usually own the freehold and with a flat or an apartment you will typically own a lease instead.

Scotland has its own version of freehold, called ‘feuhold’, and leasehold property is very rare.

Whether you own the freehold, or just the lease, affects your property rights and who is responsible for maintenance costs.

Freehold and leasehold

Most property in England and Wales is owned on a freehold basis. If you own a house you will usually own the freehold and with a flat or an apartment you will typically own a lease instead.

Scotland has its own version of freehold, called ‘feuhold’, and leasehold property is very rare.

Whether you own the freehold, or just the lease, affects your property rights and who is responsible for maintenance costs.

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