Freehold vs Leasehold Properties: The Key Differences (UK)

Leasehold… a way for rich to get richer and working class people just think they own something. FUCK THIS BULLSHIT GOVERNMENT!

Great video!!! I passed it to clients when they are confused about the subject.

Thanks for the info.

if i buy a house with leasehold is it mine or i have to give it back to the owner of the land after a certain amount of years?

Explained clearly and concisely, thanks

I'm selling an old leasehold property (1890s) with a 999 year lease on it. There have never been any charges from anyone on the lease (lived here 25 years). Seems the leaseholder is not active. In selling the house we're being asked to commit to insurance to cover the chance the leaseholder will re-appear. Is this standard practise?

Avoid leasehold houses! There is absolutely no reason why a buyer shouldn’t be able own their house. It’s just a way of making people feel like they own a house when actually they own absolutely nothing. Flats are understandable as there are other flats to consider which all use the same garden, roof, stairwell, corridors etc but houses should be owned by the buyer. It’s all a big legal scam!

Hi can you say if its legal for a freeholder to sell off part of existing communal gardens to a new flat buyer . This also with out the leaseholders agreeing to it . Many thanks . ✌️

So, what's the difference between them? What do you buy when you buy leasehold? What do you own?

999 years. That makes total sense

Every luxury apartment in London is either leasehold of shared ownership.

Thanks this was really helpful

Very helpful. I discuss a lot of what buyers need to think about when looking to purchase on my channel. Please check me out.