Tag - leasehold freehold difference

Leasehold flats by river in Norwich

What’s the Difference between Freehold and Leasehold?

In the world of UK Property, two of the most common words you will encounter are freehold and leasehold. Most people do not understand the difference between the two, Sell My Ground Rents sell the difference below.Freehold properties:A freehold property typically is a house or bungalow, as the land and building are owned outright – rather than on a lease.Leasehold properties:Flats and apartments are usually leasehold, with the occasional house, which means you own a lease to a property (effectively inside the property) [...]