The terms ‘freehold’ and ‘leasehold’ refer to the two different ways in which properties in England and Wales can be owned. Scotland has its own version of freehold, called ‘feuhold’. Leasehold exists, but is much less common there than in England and Wales.
This article explores the differences between freehold and leasehold, and provides an outline of some of the main issues surrounding leasehold, the more complex of the two. Click Here.