There are three categories of property transaction in Jersey.
Freehold transactions generally relate to properties in their entirety. You will be purchasing the rights to a property.
Flying Freehold transactions generally relate to properties divided into units. Each unit is owned by a different person. An association of co-owners is created, with rights and obligations for each owner.
Share Transfer generally applies to properties divided into units of accommodation where a company owns the property. Occupiers buy a block of shares in the company. The share owner then has the right to occupy a specific unit.
Before you can buy a freehold or flying freehold property, you will need consent from the Housing Minister. There are a number of ways you can be ‘qualified’ to buy a home. For more details please view the following guides or contact the Property Team on 01534 700781.
Housing Qualifications in Jersey
High Value Residents
