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Claire D
Claire D, Property Solicitor
Category: UK Property Law
Satisfied Customers: 3090
Experience:  BSC (hons) 14 years experience in property
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If I own my house but it stands on leasehold land. Who owns

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If I own my house but it stands on leasehold land.
Who owns the property when the leasehold interest expires?
Hello

The leasehold interest would revert to the freeholder on expiry of the lease.

I hope that helps.

Regards

Claire
Customer: replied 7 years ago.
Hi Claire
Sorry if I am being a bit 'thick' but does this mean that the owner of the freehold acquires legal ownership of my house for 'free'?
That would be the scenario.

In reality that is unlikely to happen as the lease would be renewed years before that happened. If it's a leasehold house, as you suggest, then you may wish to consider purchasing the freehold as usually the cost would not be excessive.
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