Explanation Of Freeholds
What is a Freehold?
This is quite a common question that people ask especially if they are not well versed within the property industry. The term freehold is the ownership of land.
The majority of homeowners in the U.K. have a residential freehold house, meaning that the house and the freehold land that it sits on is owned by the same person.
However there are people who own houses, flats and commercial premises but not the land that it sits on. The land is owned by an individual called a freeholder. The freeholder will have a lease in place with the owners of the premises, known as leaseholders, and they will be charging a premium to the leaseholder. The premium charged is known as a ground rent and is charged in accordance with the lease which was produced via the freeholder and a solicitor.
If you are looking to sell your freehold or your freehold property, we can help. We have a wide range of services which are tailored to each individuals needs. We have a team of staff and property professionals who specialise in every aspect of the property arena.
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Sell Your Freehold Today
So if you are looking to sell a freehold, freehold residential property, freehold land or commercial premises then look no further. You will receive a cash offer generally with 24 hours and we will legally exchange contracts with you within days, ensuring that you have the security of a freehold sale.