What does share of freehold mean?

Owning a home often means navigating the complexities of leasehold versus freehold ownership. But there’s another type of property tenure that offers a unique blend of both – the share of freehold.

This setup allows flat owners to hold individual leasehold interests in their buildings, while collectively owning the freehold of the entire building and land it sits on.

However, with owning a share of freehold comes added responsibilities for maintenance, finances, and group decision-making.

We’re going to break it all down here.