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Freehold

usgb/ˈfriːhəʊld/Volume
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LampPro Tip 1/3
Property ContinuityPlay
Freehold means you own the property forever, without ever having to renew ownership. SlideHis family's home has been a freehold possession for generations.
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No Ground RentPlay
With freehold, you don't pay ground rent, which is a fee leaseholders pay to the landowner. SlideMoving to a freehold meant they no longer paid monthly ground rent.
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Full ControlPlay
Owning a freehold gives you complete control over the property and land, including making alterations. SlideThey could renovate their freehold house without seeking permission.
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