What does share of freehold mean?

When you buy a flat, the lease on the property comes with a share of ownership of the building. Leaseholders in a block with several properties often choose to buy the freehold between them and so share of freehold gives them more control over the management of the property.

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We just wanted to say thank you for such a smooth sale – and such a great outcome! It has been such an easy process from our end, particularly as we’ve been out of the country the entire time – most impressive.

Stephanie L - Seller

You were enthusiastic from the start and naturally, we were delighted when you secured us the offer so quickly. However, our most important thanks are because you dealt with the selling process so professionally, calmly and amazingly.

Nick and Kate L - Seller

From the beginning I was delighted with your approach and the confidence and positive energy you brought to the sale, as well as your obvious understanding of the market in general. Getting the asking price from cash buyers on the first day of viewings was pretty impressive too!

Kelly K - Seller

I was instantly taken with your professional, yet personal approach. You already had a buyer in mind and the flat didn’t even go on the open market before a good offer was made. I will not hesitate to use KFH again.

Katrina A - Seller

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Central London

Riverside

What does share of freehold mean?