Understanding Property Ownership – Part 2 (England and Wales)

Before letting a property, confirmation of who owns the property needs to be established so that an agreement is in place from the owners that a property can be let. Our latest article continues the theme of property ownership, looking specifically at the different ownership arrangements. As well as leasehold and freehold, the two most familiar legal estates in land, we look at commonhold and shared ownership and the implications of these different types of ownership.

We also consider the legal interests in land, and what happens if someone other than the freeholder or leaseholder has a legal interest in the land.