Freehold is a legal term that indicates that land or property is owned outright and is not subject to any lease. The owner of the land or property is referred to as the freeholder.
The types of ownership available in England and Wales are freehold and Leasehold and the basis of ownership is identified in the property's Title Deeds.
Think Carefully Before Securing Other Debts Against Your Home. Your Home May Be Repossessed if You Do Not Keep Up Repayments On A Mortgage Or Other Debt Secured On It.
