Difference Between Freehold And Leasehold | Buying Property – HSBC UK
Difference Between Freehold And Leasehold | Buying Property – HS…
Jan 2, 2009
hsbc.co.uk
🏢 Freehold vs Leasehold vs Long Leasehold. What’s right for you? When you're buying a dental practice, understanding the different property types is key to your purchase. 🔹 Freehold – Full control, ideal for expansion or renovation. 🔹 Leasehold – Fixed term. Watch for rent reviews & break clauses. 🔹 Long Leasehold – 99–999 years. More control than leasehold, often lower cost than freehold. Top tip: Include all types of tenures on your buyer searches to assess all the opportunities. 🔑 Need s
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What is the difference between freehold and leasehold? Freehold is typical for most homes. It means that the homeowner owns the land that the property sits on. There will be a title with the land registry that confirms the boundaries and the freehold title. A leasehold property typically is sitting above the land owned by a freeholder, so you don’t own the land. There are things you need to consider for leasehold premises, including the lease term & associated costs. Speak to one of our experts
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