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Glossary

Freehold

A form of property ownership that usually gives ownership of the building and land indefinitely, subject to legal rights and obligations. It does not automatically make a home acceptable to every lender.

A form of property ownership that usually gives ownership of the building and land indefinitely, subject to legal rights and obligations. It does not automatically make a home acceptable to every lender.

Equity release may involve a lifetime mortgage, secured against your property, or a home reversion plan. It will reduce the value of your estate and impact funding long-term care.

How this page is kept
Written by
Equity Release Facts editorial
Last checked
7 September 2026
Next review
7 September 2027

Where this comes from

This is a plain-language explanation of how the term is commonly used in the UK. It carries no source key because it makes no regulatory, product or property claim that needs one. It does not override a provider’s offer, your mortgage conditions, a solicitor’s advice or a regulator’s rules.

Checked 7 September 2026. The whole vocabulary sits on one page, so you can look up two words in the same sentence without going anywhere: see this entry in the full glossary.

Covered properly here

Equity release and a flying freehold

Find out which of three things you have, then what is assessed about it.

Read the guide called Equity release and a flying freehold
Worth knowing

Equity release may involve a lifetime mortgage, secured against your property, or a home reversion plan. It will reduce the value of your estate and impact funding long-term care.

Read next

Where this comes up

These guides use the term. Each line is quoted from the page it links to.

Terms that come up alongside it

Each of these either appears in the definition above, or names this term in its own.

How this page is kept
Written by
Equity Release Facts editorial
Last checked
7 September 2026
Next review
7 September 2027

Questions people ask about this

Short answers to the things that come up most. None of it is advice, and every figure on this page carries its source.

What does freehold mean?

A form of property ownership that usually gives ownership of the building and land indefinitely, subject to legal rights and obligations. It does not automatically make a home acceptable to every lender.

Where does this definition come from?

It is a plain-language explanation of how the term is commonly used in the UK. It carries no source key because it makes no regulatory, product or property claim that would need one, and it does not override a provider's offer, the conditions of a plan you hold, or advice from your solicitor.

Where is freehold covered in full?

On the guide "Equity release and a flying freehold", which helps you find out which of three things you have, then what is assessed about it. A glossary entry explains a word. The guide works through what it actually means for a decision, with its sources and the date each was checked.

Does looking up freehold commit me to anything?

No. There is nothing on this page to fill in and nothing is collected by reading it. Looking up what a word means is not a decision, and we are not able to advise you about your own circumstances in any case.

Worth knowing

Equity release may involve a lifetime mortgage, secured against your property, or a home reversion plan. It will reduce the value of your estate and impact funding long-term care.

Talk it through with an adviser

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