Flying Freehold - Is your property marketable?

Chances are that if you have come to our site you are either a buyer wanting to find out more about what is a flying freehold is and whether you should proceed with buying such a property. Alternatively you own a flying freehold and are either having difficulty in remortgaging or selling your flying freehold property. In either situation, can help

Warning: Should I Buy a Flying Freehold?

Flying Freehold services for buyers.

Flying Freehold Marketability Assessment
Even if your proposed lender is prepared to lend on flying freehold it is important that you understand how the lending market as a whole regards flying freeholds and whether they are prepared to lend. For just £5.50 plus VAT the LENDERmonitor Flying Freehold Marketability Assessment will show you which lenders will lend of flying freehold based on their instructions to lawyers. The report will also show recent trends and well as historic trends over the last 6 years so that you can make a more informed decision.
Flying Freehold Live Chat Service
type in your question concerning flying freeholds and we will see if we can assist.
Flying Freehold - Conveyancing Panel Service
please click here and complete the details of your purchase or set out your question and we will pass it on to one of our specialist flying freehold panel lawyers to get in touch.
Warning: Should I have bought a flying freehold?

Flying Freehold services for existing owners.

Flying Freehold Retro Marketability Assessment
Do you feel as though your lawyer or surveyor should have given you clearer advice when you purchased your flying freehold? Were you given the full picture as to what the lending market generally regarded flying freehold at the time? As a cost of £25.00 plus VAT the LENDERmonitor Flying Freehold - Retro Marketability Assessment Report will reveal what lenders leant on flying freehold and what their criteria was to lawyers on a specific date. It will also reveal what the trend was in the previous year.
Flying Freehold Live Chat Service
type in your question concerning flying freeholds and we will see if we can assist.
Flying Freehold - Conveyancing Panel Service
Please click here and complete the details of your flying freehold or set out your question and we will pass it on to one of our specialist flying freehold panel lawyers to get in touch. For example, one of our panel lawyers can help you and your neighbours for the appropriate deeds to be entered into.

Recently asked questions about Flying Freeholds .

  • I am interested in a property above a bookie and it has two floors above, both of which are flats. I am wanting to move my mortgage to this but have been told that some banks will not lend on flying freeholds. Why would lenders stigmatise such properties?

  • My partner and I have been on tenterhooks for six weeks for my mortgage provider to make a decision even though a defective title policy for a flying freehold is in place. Why the delay?

  • My husband and I are looking to purchase a house with a flying freehold and it sounds a bit unusual so we are after some opinions. The house is Georgian. It was divided into two semis sixty years ago. The position is: The master bedroom is sits above their dining room.

  • My wife and I are selling our town house. Our purchaser’s solicitor has raised an issue with our conveyancing practitioner, saying that they want us to meet the cost of £350 for an indemnity insurance policy to cover the fact that our house has a 'flying freehold'. The buyer's lawyer has commented that the wording in the title deeds doesn't specify who is liable for maintenance and repair of the part of the first floor building overarching our property. If I send you with pictures can you please clarify how this is a flying freehold?

  • My partner and I had an offer accepted on a three bedroom house in September. We have spent months trying to get our mortgage offer and now our conveyancer is saying that Coventry Building Society may not lend due to a small flying freehold on the property. In summary a tiny part of the office room goes over a walkway between us and next door. Do you know of any building societies that will lend on a flying freehold ?

  • I have identified a lovely house in West Bromwich. I have been told that the attic of the house is owned by the adjoining owners who use it as a dressing room. Originally the two houses were owned by a single family, who split the property. The flying freehold situation has put many people off - since the selling agents weren't up-front about this. My concern is that Aldermore will balk at a property as having a flying freehold element, and that the buildings insurance situation could be difficult as well. Can you offer any advice, and not be the voice of doom? The house is lovely, and I'd never be able to afford it ordinarily but it is the flying freehold that has brought the price down and within my price range.

  • We have discovered the house of our dreams. It is far better than others we have seen. The concern is it has what we think is a very unusual 'flying freehold' situation. The house has two integral garages, one of which has at some point been sold off to someone who lives up the road. This effectively means that our office room is over the garage which is not our property. Can we buy a flying freehold indemnity policy to cover whatever it is that needs covering in this scenario?

  • My husband and I are considering purchasing a house which needs restoration. I want to do it up and resell, but the property has a flying freehold in both directions (both the property and neighbours’ house have 'L' shaped upstairs) Am I likely to to experience a problem selling this property - the last thing I want is to purchase, refurbish and then find I can’t sell.

  • My question concerns the roof space and who owns it, the property is a Edwardian house until recently having no division in the roof space. For my neighbours part he has a front bedroom projecting my bathroom, and I loose the corresponding amount bedroom space. In the attic area he has built a block work wall along the line of the party wall, and then to follow the line above his flying freehold converted the roof space and added velux windows. There was reference to a flying freehold conveyancers report when I purchased it 2008. Is my neighbour allowed develop the loft area?

  • My partner and I have just seen a lovely house which, however, has a little “complication”. The property is part of a flying freehold. Is such a property unmortgageable in this climate and will we encounter problems when it comes to selling it on?

Last Update: 8/8/2018

See Also: Flying Freehold Conveyancing Specialists