A complete breakdown of freehold purchase costs in 2025, including the premium calculation, all professional fees, and a worked example for a typical UK leasehold house.
Purchasing the freehold of your leasehold house permanently converts it to outright ownership. No more ground rent, no lease expiry, no need to ask permission for alterations, and a significant uplift in property value and mortgageability. For most leasehold house owners, it is one of the best financial decisions they can make.
For most leasehold houses, the freehold premium is between 1% and 4% of property value — often less than a single year of combined ground rent and service charges.
House: £320,000 | Lease: 78 years | Ground rent: £250/yr
Premium: approximately £7,500 | Your fees: approximately £1,900 | Freeholder fees: approximately £2,100 | Land Registry and searches: approximately £335
Total estimated outlay: approximately £11,835
In virtually all cases, yes. The value added to your property typically equals or exceeds the premium paid. You also save all future ground rent, gain full alteration rights, and permanently eliminate lease depreciation risk. Always instruct a specialist enfranchisement solicitor from the outset.
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Calculate Now →This article is for general information only and does not constitute legal or financial advice. Always consult a specialist solicitor and RICS surveyor before taking any action.
We'll notify you when 2024 Act provisions come into force, new rates are published, and when landmark Tribunal decisions affect your premium.