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Share of freehold: what does it mean?

Understand how share of freehold works, combining aspects of both leasehold and freehold ownership when buying a flat.

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Last updated 25 Nov 2025

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Key takeaways

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Share of freehold means owning your individual flat on a leasehold basis while jointly owning the building's freehold

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Benefits include control over maintenance, easier lease extensions, and more flexibility with property restrictions

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You'll need to cooperate with other co-owners on building decisions and maintenance responsibilities

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Properties must meet specific eligibility criteria to purchase the freehold collectively

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Properties with share of freehold are often more desirable than standard leaseholds but involve more complex sales

Share of freehold guide

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.

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What is a share of freehold?

What is a share of freehold?

With a share of freehold, you own your individual property on a leasehold basis, but you also jointly hold the freehold of the entire building and the land it sits on. This setup typically applies to blocks of flats or apartments.

So, in simple terms – you have your own leasehold flat, but you also have a shared ownership stake in the freehold alongside the other flat owners in the building.

Here’s a quick definition of a freehold and a leasehold just to make things clear:

What’s a freehold property?

A freehold means you own the property and the land outright.

What’s a leasehold property?

A leasehold means you have a long-term lease contract to occupy the property, but the freeholder of the building maintains owners of the land. 

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Learn more:
Freehold vs leaseholds
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