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London Leasehold vs Freehold: What Foreign Buyers Must Know

The difference that costs UK buyers millions every year — leasehold lengths, ground rent, and the 2024 reform implications.

February 11, 2026 · 7 min read

London Leasehold vs Freehold: What Foreign Buyers Must Know

Leasehold is one of the UK property market's most misunderstood structures — particularly for international buyers.

The 80-year cliff

Once a lease falls below 80 years, marriage value kicks in and extensions become significantly more expensive. Always extend before reaching this threshold.

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Frequently Asked Questions

Is leasehold a problem in London?

Only if the lease is short. A lease of 125+ years is essentially equivalent to freehold for practical investment purposes.

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