Skip to main content

Check out our E-Learning platform for information on taking over the management of your building

Modules 1, 2, and, 3 explain: Residential leases, the responsibility of a director, and the basics of financial management.

Learn more here

Freeholder

Owns the freehold of a property which can include a building and other property or land.

In a block of flats, for example, the freeholder would own the land and the actual building. A leaseholder will own a flat within that property on a lease for a fixed length of time, but the freeholder will own the property outright. The freeholder is usually responsible for the repair and maintenance of the exterior and common parts of the building. At the end of the lease, the flat ownership reverts to the freeholder.

A freeholder is also commonly referred to as the landlord.

« Back to Glossary Index

LEASE is governed by a board, appointed as individuals by the Secretary of State for the Department for Levelling Up, Housing & Communities.