John Constable

Whatever may be thought of my art, it is my own; and I would rather possess a freehold, though but a cottage, than live in a palace belonging to another.

English Artist

Lucretius

And life is given to none freehold, but it is leasehold for all.

Roman Poet

Freehold means you own the property forever, without ever having to renew ownership.

Property Continuity

With freehold, you don't pay ground rent, which is a fee leaseholders pay to the landowner.

No Ground Rent

Owning a freehold gives you complete control over the property and land, including making alterations.

Full Control

Freehold properties are often seen as better long-term investments because the owner has more rights.

Long-Term Investment

With a freehold, you have higher responsibility for maintenance and legal issues since you're the outright owner.

Higher Responsibility

Freehold properties can command a premium price because of the permanence and control they offer.