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 .

  • My wife and I are wondering if it is easy to sell a flying freehold given that some mortgage companies refuse to lend on such properties.

  • Approximately what proportion 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 fully above a neighbor's cellar, I'm concerned that the flying freehold percentagemay be unacceptable.

  • My wife and I last week accepted an offer on our house in Roade and I am getting concerned about the homebuyers report, having heard horror stories of lenders wanting certification for everything. The house dates back to the 1920’sVictorian period. We have a flying freehold. Upstairs we have two beds at the front and one at the rear, next door is the reverse. Therefore our home office overhangs next door's hall, and one of theirs extends over our rear room. Is this likely to affect the saleability of the property?

  • Mortgage process underway with Barclays Direct, survey arrangedfor this Monday. The concern I have is the houses are a row of eight. The house I wish to acquire is one of the center ones. In order to get to the garden one has to use the ginnel. A proportion of the property sits above the passageway. I think this is a flying freehold. Is this likely to be a problem for Barclays Direct?

  • My partner and I are selling our end-terraced house. Our buyer's solicitor has raised an issue with our property lawyer, saying that they want us to meet the cost of £200 for a defective title insurance policy to cover the fact that our home has a 'flying freehold'. The purchaser's solicitor asserts that the wording in the property register doesn't specify who is liable for maintenance and repair of the part of the first floor building encroaching our boundary. If I provide you with pictures can you please explain how this is a flying freehold?

  • I've recently found out that there is a flying freehold element in a property I put an offer in on a few months back in what was supposed to be a quick transaction. I feel that I have been duped by the estate agent as she must have suspected given her experience. Would I have any right of action by way of Consumer Protection from Unfair Trading Regulations 2008 (CPR) and the Business Protection from Misleading Marketing Regulations 2008?

  • We are thinking about buying a house in need of renovation. I want to do it up and resell, but the property has a flying freehold as one bedroom is above the neighbours’ dining area Am I going to experience a problem selling this house - I don't want to purchase, renovate and then discover that I have an unmarketable property.

  • Back in 2009 my wife and I had a full structural survey when we bought our house. Some time after we got keys we discovered that there was a cellar below our kitchen owned by our neighbour. It is accessed via our neighbour's garden and they use it as a storage area. I looked at my survey and it is not mentioned. We are now selling the house and the purchaser’s conveyancer spotted the room regarding this flying freehold as a defect to the extent that the sale collapsed buyers withdrew. This was the first time the reference to a 'flying freehold' was ever raised. Is it conceivable that I could claim compensation from the surveyor?

  • I am at the early stage of contemplating a loft conversion to our 1875 mid-terraced house. We have a flying freehold where our bathroom partly overnextdoors bedroom. As I have complete access to the attic above our neighbours' bedroom, does that mean that I am allowed develop the roof space? Next door has no access to this part of the loft area.

  • Is it the case that all lenders willing to lend on a flying freehold property as long as there is indemnity insurance in place? Who should pay for such a policy?

Last Update: 6/12/2018

See Also: Flying Freehold Conveyancing Specialists