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 .

  • We are wondering how straight forward it is to dispose of a property that is a flying freehold given that some lenders will not lend on such properties.

  • Roughly what % is the maximum a property can have flying freehold for a bank to lend? I have read that some mortgage lenders will lend when a flying freehold is less than a certain proportion, but if "our" house is completely above a neighbor's basement, I'm concerned that the flying freehold proportionmay be too high.

  • My husband and I have recently accepted an offer on our house in St Albans and I am getting anxious about the survey, having heard horror stories of lenders rejecting anything out of the ordinary. The house dates back to the 1820’s Victorian period. There is a flying freehold arrangement. Next door's bedrooms encroaches over our entrance way. It's about a metre wide. No right of way exists down the accessway. Is this likely to affect the marketability of the property?

  • Mortgage process underway with TSB, valuation arrangedfor next Tuesday. The concern I have is the houses are a row of five. The terraced property I wish to purchase is one of the middle ones. In order to get to the garden one has to use the ginnel. A proportion of the property goes over the passageway. I think this is a flying freehold. Will this be a problem with TSB?

  • We are selling our town house. Our buyer's conveyancer has raised an issue with our conveyancer, saying that they want us to pay £200 for a defective title insurance policy to cover the fact that our house has a 'flying freehold'. The purchaser's conveyancer posits that the wording in the property register doesn't stipulate who is responsible for support and repair of the part of the first floor building encroaching our home. If I supply you with more information can you please explain how this is a flying freehold?

  • My wife and I had an offer agreed on a Edwardian house in July. We have spent months trying to get our mortgage offer and now our conveyancing practitioner is saying that Platform Home Loans Ltd may not lend due to a small flying freehold on the property. In summary a small part of the dressing room is on top of a passageway between us and the neighbors. Do you know of any mortgage companies that will lend on a flying freehold ?

  • My husband and I are looking to purchase a detached house ( it is Victorian) and the lawyer has just raised something he called a flying freehold. They say that it's not a major issue and that we should put in place title insurance to protect us if anything went wrong, but I've never come across this before. I'm a first time buyer and I'm not sure what I should be aware of when buying that kind of property?

  • Are you able to advise on the relative ease of obtaining a mortgage on a property with a flying freehold. I am interested in purchasing a property where a section of the property is above the passageway. I believe this is know as a flying freehold.Will this restrict my options to choose a lender? I am especially attracted to a mortgage product promoted by Alliance & Leicester

  • We have found the perfect house. It exceeds others we have seen. The potential showstopper is it has what we think is a very bizarre 'flying freehold' arrangement. 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?

  • Back in 2009 we had a home buyers survey when we purchased our house. Some time after we got keys we became aware that there was a area below our kitchen owned by our neighbour. The only access is via our neighbour's garden and they use it as a junk room. We were not informed of this room, it wasn't raised by the surveyor. We are now selling the property and the buyer's lawyer spotted the room regarding this flying freehold as a defect to the extent that the sale collapsed buyers pulled out. Up until now I didn't even know what a flying freehold was. Is it possible that I could claim compensation from the surveyor?

Last Update: 14/6/2017

See Also: Flying Freehold Conveyancing Specialists