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hi everyone Im Paul from Liberty gate and today I want to cover the difference between freehold and leasehold property this can be really confusing and complicated subject but its one thats essential if youre thinking of buying a property now a few years ago some developers started selling homes as leasehold properties rather than the traditional freehold which you would expect this meant that the homeowners didnt actually under land that the property sits on and therefore had to pay a Groundlings fortunately the government stepped in and put a stop to this but it is something worth being aware of and if you are thinking of buying a new property its well worth checking whether it is leasehold or freehold now the freehold is when you own the building and the land beneath it legal jargon for this is the title absolute and this is the safest and most secure form of title it means that youve got complete control over your land and the property that sits on it now leasehold is where
