Freehold & Leasehold Ownership

Herrington Carmichael is a full service law firm offering legal advice to UK and international businesses as well as individuals and families.
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Freehold & Leasehold Ownership

Whether a property is freehold or leasehold can have a significant impact on your rights and responsibilities as an owner. Freehold ownership generally means you own both the property and the land on which it sits, while leasehold ownership gives you the right to occupy a property for a fixed period under a lease agreement.

Understanding the differences is important when buying, selling or managing property. Our experienced property solicitors provide practical advice on freehold and leasehold ownership, including lease extensions and enfranchisement matters. We help clients understand their options, protect their interests and make informed decisions with confidence.

As a lease gets shorter, it can become more difficult to sell or remortgage your property and may reduce its overall value. Extending your lease can help protect your investment and provide greater long-term security. Our specialist property solicitors advise leaseholders throughout the lease extension process, whether you are negotiating informally with your landlord or exercising your statutory rights. We will explain your options in clear, practical terms and guide you through each stage of the transaction. Lease extension matters can be complex, particularly where valuation issues, timescales or landlord negotiations are involved. Our team works closely with surveyors and other professionals to help achieve the best possible outcome while ensuring all legal requirements are met. Whether you own a flat or leasehold house, we provide tailored advice and proactive support, helping you secure a longer lease and greater peace of mind for the future.
Freehold ownership gives you outright ownership of both the property and the land it stands on, with no time limit on your ownership. For many homeowners, this offers greater control and flexibility compared to leasehold ownership. As a freeholder, you are generally responsible for maintaining and insuring the property, and you are not usually required to pay ground rent or seek permission from a landlord for alterations. However, certain legal obligations and restrictions may still apply. Our property solicitors provide clear advice on all aspects of freehold ownership, whether you are purchasing a freehold property, acquiring the freehold of a leasehold property or dealing with issues affecting your title. We take the time to explain any rights, responsibilities and potential risks associated with ownership, ensuring you fully understand your position. Our aim is to help you protect your investment and make informed decisions with confidence.
Leasehold ownership means you own the right to occupy a property for a fixed period under the terms of a lease, while the freehold remains owned by a landlord or freeholder. Leasehold properties are commonly flats, but can also include houses. A lease will usually contain important rights and obligations, including payment of ground rent, service charges and maintenance contributions. It may also place restrictions on alterations, subletting or use of the property. Understanding these obligations before you buy is essential. Our experienced property solicitors carefully review lease documentation, raise enquiries and explain any provisions that could affect your ownership or future plans. We advise on all aspects of leasehold ownership, including lease extensions, enfranchisement, service charge issues and property transactions. Whether you are buying, selling or managing a leasehold property, we provide practical guidance and clear advice to help you make informed decisions and avoid unexpected issues.

Key contact

Rosanna Leist PNG
Rosanna Leist
Senior Solicitor, Residential Property

What our clients say about us

I used HC for the sale of a leasehold property and purchase of a f/h Cala new build house, and they offered an extremely efficient, timely, accessible service throughout, and at a far better price than my previous solicitors.

Good service from Herrington Carmichael with all queries being dealt with promptly and accurately. This was for the part exchange sale of a leasehold and the purchase of a new build freehold from the builders. (HC was recommended by the builders, which was a good thing.) The fees were in line with what was reasonable for a more complicated transaction of this kind. I first dealt with Ms Roisin Hooke for the majority, and then Ms Annari Holmes for the completion.

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