Freehold
Freehold means you own both the property and the land it stands on indefinitely.
1 min read Buying a Home
What it means
Freehold means you own both the property and the land it stands on indefinitely. Most UK houses are freehold.
Example
You buy a detached house and own both the building and the land.
Why it matters
It helps you understand your ownership rights and responsibilities.
Freehold doesn't mean there are never ongoing costs.
Is freehold always better?
Not necessarily. It depends on the property.