These fees vary depending on complexity: Leasehold grants ownership for a specific period, with restrictions. To own the property 'in perpetuity' (that means forever, or until you sell, transfer or die), you have to purchase the freehold. The cost of converting leasehold to freehold depends on the remaining lease term, the property's value, and the ground rent payable under the lease. On top of the purchase cost, the leaseholder will have to pay for the valuation fees and their own legal costs, as well as the freeholder's 'reasonable costs'. If you live in a building containing multiple dwellings, you'll need to look at collective enfranchisement. This allows you to purchase the freehold along with the other leaseholders, so you will each own a share of freehold. Choose specialist leasehold solicitors with good client reviews to navigate the complexities of this process and negotiate the best possible terms for you.