Freehold Property, Leasehold & Commonhold Property
It is very important that property investors, landlords and property owners understand the differences between freehold property, leasehold property and commonhold property and what these differences mean for them and the value of their investments.
The terms freehold, leasehold and commonhold describe the three common forms of property ownership that exist in England and Wales. In Scotland, Scottish law has its own version of freehold property which is known as “feuhold”, and while there are some leasehold properties north of the border it is much less common than in England and Wales.
