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What is the difference between freehold and leasehold?

If you live in a house your home is likely to be a freehold property. This means that you will buy your home and the land, which we will show you on a plan at the offer stage.

If you live in a flat or maisonette you will be buying your home as a leasehold property which will usually include any sheds or storage areas that are included in your tenancy. This means that if you buy your home, we will give you a full 125-year lease. We will still own the freehold of your home.

  1. Right to Buy