When no one is in (eg. parents) and you can invite loads of people round and have a party...
"Hey i've got a free house wanna have a rave"
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Used to describe a situation in which a person, usually a teenager, has access to a house, usually a relations, because of their absense.
Hey guys, Party at mine on Saturday, I've got a free house!
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Term used by majority of teenagers both in person and on social media to imply that ones parents will not be home, used to have sex and parties or hopefully both
Slut - "Someone come over, parents are going away for the weekend, free house"!
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