Placing a Split on the Freehold Title
A freehold is the permanent and absolute tenure of land or property. By buying a freehold property, it means you own that property and the land on which it stands outright. Meaning that it is completely owned by you unless you decide to sell it.
It’s unclear as to why your current broker is having trouble placing the case, as there are a number of lenders who would normally look at this type of scenario. Unless there’s adverse credit involved, or a problem with the level of your income or the loan to value you are trying to secure is too high, then it’s a bit of a puzzle as to what the problem is.
You can discover more about freehold and leasehold in our guide.
We would be very happy to go through your enquiry in more detail, as on the face of it, this would certainly seem to be something we should be readily able to help you with. If you’d like to do so, then call us on 020 4519 5101 and we can arrange a convenient time to talk.
