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Costs & Fees

How Much Does It Cost to Buy Your Freehold in 2026?

Reading time: 5 min·Last reviewed 20 October 2026·Written by Rahul Tandon, Founder·Primary sources

Freehold purchase costs: the premium calculation, all professional fees, and a worked example for a typical UK leasehold house.

Quick Answer Buying the freehold of a leasehold house removes ground rent, ends the lease running down and gives you control over alterations. The cost is a statutory premium (mostly capitalised ground rent plus the reversion), your own solicitor and surveyor, and the freeholder's reasonable costs. Flat owners buy together by collective enfranchisement rather than individually.

Why Buy Your Freehold?

Part of the Freehold Purchase series: What Is Leasehold Enfranchisement? →

Buying the freehold of a leasehold house is usually cheaper than owners expect, but the final bill has several parts: the price paid to the freeholder, your own professional fees and the freeholder’s reasonable costs. This guide sets out what drives each part, gives illustrative figures and explains the legal position as it stands now.

Houses and Flats Are Different

If you own a leasehold house, the right to buy the freehold usually comes from the Leasehold Reform Act 1967. If you own a flat you cannot normally buy the freehold on your own: leaseholders in the building buy it together under the 1993 Act (see collective enfranchisement). The two-year ownership requirement was removed for both routes on 31 January 2025, so a new owner can claim straight away.

How the Price Is Worked Out

The price is a statutory valuation of the freeholder’s interest. Depending on the lease and the house, one of several valuation bases under the 1967 Act applies, so a specialist valuer will establish which one before pricing it. In broad terms the price reflects:

  • Capitalised ground rent: the present value of the ground rent for the rest of the lease.
  • Reversion: the value of getting the house back when the lease ends, discounted to today. For a house with a long lease it is small; as the lease shortens it becomes the main part of the price.
  • Marriage value or similar: where the lease is short, an additional element can be payable on some valuation bases. Check how your valuer treats it.

Illustrative Premiums

Using our calculator’s freehold method (5%; ground rent plus reversion, before any marriage value or other adjustment), we get:

HouseLease leftGround rentIllustrative premiumShare of value
£350,00085 years£200about £9,5002.7%
£320,00078 years£250about £12,0003.8%
£500,00075 years£400about £20,7004.1%
£250,00060 years£100about £15,3006.1%

So the price can be a few percent of the house value on a long lease, rising as the term shortens. These are estimates only, because the statutory bases, relativity evidence and rates will change the number, and a surveyor’s valuation should be obtained before you serve a notice. Our calculator’s freehold purchase calculator uses the same method.

Professional Fees

  • Your solicitor: roughly £1,200–£3,500
  • Your surveyor: roughly £750–£2,000
  • The freeholder’s solicitor and surveyor (you normally pay their reasonable costs): roughly £1,500–£4,000 combined for a straightforward case
  • Land Registry fees and searches: typically a few hundred pounds

These are indicative ranges based on typical specialist quotes, in line with our fee guide. A Tribunal case adds expert and hearing costs.

Total Cost Example

House: £320,000 | Lease: 78 years | Ground rent: £250/yr
Illustrative premium: about £12,000 | Your fees: about £2,400 | Freeholder fees: about £2,100 | Land Registry and searches: about £400
Total estimated outlay: about £16,900

Illustrative only, not a valuation. Real premiums depend on the valuation date, the statutory basis, rates, relativity and negotiation. Use our freehold purchase calculator and get a surveyor’s valuation before serving a notice.

Is It Worth Buying the Freehold?

  • Ground rent saved: ground rent stops, and escalating ground rents stop being a worry.
  • Lease risk removed: no more running down of the lease or extension to price.
  • Control: you no longer need the landlord’s consent for alterations, though planning rules and any covenants on the land still apply.
  • Saleability: a freehold house is simpler to sell and mortgage, though the price effect depends on your market.
  • The sums: compare the total outlay with the ground rent you would otherwise keep paying and the cost of extending instead. A long lease with a nominal ground rent may not justify the cost; a short lease or rising rent often does.

The Process in Brief

  1. Get a valuation from a RICS valuer with enfranchisement experience.
  2. Instruct a specialist solicitor to serve a valid notice.
  3. The freeholder serves a counter-notice; negotiate, or apply to the First-tier Tribunal if the price or terms cannot be agreed.
  4. Pay the price and costs, complete the transfer and register the freehold.

The Legal Position in 2026

The Leasehold and Freehold Reform Act 2024 is law, but its main valuation changes are not in force. That includes abolishing marriage value and the new valuation rules. Until the government makes the regulations, prices are worked out under the existing rules. The draft Commonhold and Leasehold Reform Bill was published on 27 January 2026 and has not been introduced to Parliament. The government is consulting on valuation rates, and a Court of Appeal challenge by freeholder groups to marriage value abolition is pending. For the latest position see our reform tracker, and do not delay a purchase you need on the assumption that costs will fall. This article is general information, not legal advice.

Frequently Asked Questions

The price is a statutory valuation of the freeholder's interest, mostly capitalised ground rent plus the reversion, and can be a few percent of the value of a house with a long lease and more as the lease shortens. On our calculator's method a £320,000 house with 78 years left and £250 ground rent comes to about £12,000, before any marriage value. Professional fees of roughly £4,000–£8,000 (including the freeholder's reasonable costs) come on top.

Not on your own, in most cases. Leaseholders in a block of flats can buy the building's freehold together by collective enfranchisement if they meet the tests, which include at least two-thirds of the flats held by qualifying tenants and at least half of them joining the claim. A house owner can usually buy the freehold individually under the Leasehold Reform Act 1967.

Normally yes: you pay the freeholder's reasonable professional costs as well as your own. The 2024 Act would stop leaseholders paying those costs on enfranchisement claims, but that change is not yet in force.

No. The two-year ownership requirement for lease extensions and freehold purchase was removed on 31 January 2025, so you can claim as soon as you own the lease.

Possibly, because the Act provides for abolishing marriage value and prescribing the rates used in valuations. But the provisions are not in force, no commencement date is confirmed, and the effect on your price depends on your lease. Do not rely on future changes when deciding whether to buy now.

🇺🇸 American buying a UK flat?

The American's Guide to Buying a UK Leasehold Flat

30 pages. Ground rent, the 80-year rule, marriage value, stamp duty, US tax reporting and the 2026 reforms — all in plain American English. Written by Rahul Tandon, LeaseVault founder.

Primary Sources & Statutory References

This guide is researched from official and primary sources. Check them directly before relying on any figure or date.

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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.

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