Share of freehold ownership often leads to confusion, so if you’ve been scratching your head over it, you’re definitely not alone.

It’s a topic that comes up frequently between homeowners and prospective buyers, with many unsure of what it really means and how it affects ownership.

In this episode of Listen Without Prejudice, Charlie Davidson, Senior Associate in the Property Department, and Mark Chick, Senior Partner and Leasehold Expert at Bishop & Sewell, are here to break it down for you.

They dive into how a share of freehold works in real life, highlighting both the potential risks and rewards that come with it and uncovering the common pitfalls that people often fall into.

They also discuss the legal and practical aspects of owning a share of freehold, addressing key concerns like how decisions are made for repairs, how to manage the property, how to handle issues as they come up, and much more.

If you’re curious about property ownership and wondering how a share of freehold compares to leasehold or freehold, this episode is for you. 

Tune in for expert advice and real-life examples that will clarify the topic and help you make better-informed decisions in your property journey.

Chapter Markers:

(01:13) Understanding share of freehold and how it works

(03:18) Exploring how the share of freehold works, collective ownership

(04:14) Challenges and complications in managing share of freehold

(09:50) Navigating shared freeholder ownership and management

(14:21) Discussing the advantages and risks of share of freehold ownership

(16:33) Understanding the complexity of lease extensions

Useful Links:

Charlie Davidson LinkedIn

Mark Chick LinkedIn

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