---
title: What is the difference between freehold and leasehold property?
description: A freehold property means you own the land and the building indefinitely. A leasehold property, on the other hand, means you only own the building for a specified period, while the land it stands on is still owned by someone…
url: "https://yazodo.com/help/mortgage-loan/what-is-the-difference-between-freehold-and-leasehold-property/"
updated: "2025-12-01"
category: Mortgage Loan
tags:
  - "Mortgage & Home Loans"
  - Mortgage Eligibility Criteria
---

# What is the difference between freehold and leasehold property?

A freehold property means you own the land and the building indefinitely. A leasehold property, on the other hand, means you only own the building for a specified period, while the land it stands on is still owned by someone else.