Freehold & Leasehold

A leaseholder can't do this without the freeholder's (Landlord) consent.

• Paint the outside of the property green.

• Change the bathroom.

• Buy a dog (That will live in the property)

• Move another person into the property.

• All of these answers.

A leasehold property is _____ to sell compared to a freehold property.

• Easier

• Harder

Freehold means... (Very simply)

• The owner can do whatever they want to a property.

• The owner must seek authority to change aspects of the property or land.

You can own a lease forever.

• True

• False

The maximum length of freehold ownership is 999 years.

• True

• False

Freehold property can only increase in value.

• True

• False

The average length of a residential lease is between...

• 80 - 120 Years

• 60 - 150 Years

• 90 - 120 Years

• 999 Years

Owning a leasehold property is basically...? (Very simply)

• Good

• Better than freehold ownership.

• Renting

• A waste of money.

Freehold ownership is restriction-free...

• True

• False

• Normally no

• Normally yes

Can a leaseholder sell their lease?

• Yes with the freeholder's authority.

• No never.

• Yes.