freeholder

The land remains the property of a freeholder, with FirstPort managing properties on the development.

We've worked relentlessly to bring an end to the building safety crisis and developed new measures to get peoples' homes fixed quicker and hold rogue freeholders to account.

But it currently faces a High Court battle against its plans to abolish the leasehold system altogether, with major freeholders arguing the changes could cost them millions of pounds.

The fees were paid to the freeholders by insurance companies for buying their products.

But several freeholders are challenging some aspects of the new laws concerning the price calculations for a lease extension.