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’m an experienced developer and just looked at a property in York that has a flying freehold, a room overreaching accessway. It's a good property at a good price but my concern is when we come to sell it on what obstacles am I going to face.

  • I am buying a property which is freehold it has 2 parking spaces below which I assume are leasehold to neighbours even though I would own the land they stand on. My property lawyer is dissuading my purchase because of a flying freehold. Is it right that Flying freeholds are a legal minefield?

  • My wife and I are looking to buy a house with a flying freehold and it sounds a bit out of the ordinary so we are after some advice. The house is Edwardian. It was partitioned into two semis sixty years ago. The situation is: The basement under both properties belongs to next door.

  • Mortgage forms in with The Royal Bank of Scotland, valuation bookedfor this Monday. The concern I have is the houses are a row of five. The house I wish to buy is one of the middle ones. In order to get to the garden one has to use the walkway. A proportion of the property is partly over the passageway. I think this is termed as a flying freehold. Is this likely to cause a problem for The Royal Bank of Scotland?

  • My husband and I had an offer accepted on a Georgian townhouse in February. We have spent months trying to get our mortgage offer and now our property lawyer is saying that Alliance & Leicester may not lend due to the element of flying freehold on the house. In summary a tiny part of the bathroom is partly over a shared passageway between us and the neighbors. Do you know of any lenders that will lend on a flying freehold ?

  • We are planning to buy a townhouse ( it is Edwardian) and the conveyancing practitioner has just raised something known as a flying freehold. They say that it's not a major issue and that we should simply take out title insurance to protect us if anything went wrong, but I've never come across this before. Should we be concerned?

  • 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 no chain transaction. I feel that I have been duped by the estate agent as she must have suspected it as a professional. Do I have any recourse?

  • Found an ideal house in Trelogan. I have been told that the attic of the house is owned by the adjoining owners who use it as a snooker room. In the past the two houses were owned by one family, who split the residency. The flying freehold arrangement has put other buyers off - since the selling agents have not been 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, other than don't go near it”? The house is ideal, 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 are considering purchasing a property in need of renovation. I want to carry out works and resell, but the property has a flying freehold in both directions (both the property and neighbours’ house have 'L' shaped upstairs) Am I going to experience a problem selling this property - the last thing I want is to purchase, restore and then discover that I have an unmarketable property.

  • 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 insurance?

Last Update: 4/6/2019

See Also: Flying Freehold Conveyancing Specialists