freehold

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  • noun

Words related to freehold

an estate held in fee simple or for life

tenure by which land is held in fee simple or for life

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References in classic literature ?
Finding a piece of freehold land to be sold in the neighborhood of Fulham, he bought it, and had a cottage residence built on it, under his own directions.
He had cheated old Wilkins out of his freehold by a trick fit for a pickpocket; he had driven old Mother Biddle to the workhouse; he had stretched the law against Long Adam, the poacher, till all the magistrates were ashamed of him.
Persimmon Homes says the situation was caused by "changing circumstances" and that it was working with some residents with regards to the purchase of freeholds.
And the homes are unsellable due to a legal complication that prevents residents from extending the leaseholds on their properties or buying the freeholds.
The value of those freeholds has been reducing, over the years, as leaseholders gradually exercise their rights to buy each freehold.
Some old council houses have first floor rooms over ground floor access ways which could be in the ownership of the next door neighbour but it is less likely that flying freeholds will exist in newly-constructed property.
The freeholds were sold off by Kirklees Council some years ago.
He said: "There have been an encouraging number of deals, both lettings and freeholds, on office units of between 2,000 and 6,000 sq ft in the final quarter of 2010.
We take a very rational approach to buying the freeholds on our properties and each opportunity is judged on its merits," said a Sainsbury's spokeswoman.
Mystery surrounds the ownership of his and other freeholds on a dozen properties in Ouston, near Chester-le-Street.
With low interest rates and freeholds in short supply, Alfred McAlpine Developments reckons there has never been a better time to acquire freehold packages, giving companies more control of their future and making the annual cost of owning a property cheaper than renting.
The Darlington-based group, which runs about 700 homes and is Britain's biggest operator in the sector, sold the freeholds on the Orchid View home in Copthorne, West Sussex, to Citrus Copthorne Real Estate, and Kingsfield in Faversham, Kent, to Citrus Faversham Real Estate.
With pubs across the Midlands and Oxfordshire, it bought the freeholds of one in Milton Keynes and the awardwinning Rose and Crown in Warwick.
Whatever the law, it is morally wrong and very distasteful that companies which buy freeholds should be able to profit out of this situation by charging people massive sums to continue living in their own homes.