WebSep 4, 2012 · A flying freehold is when a section of a freehold property extends over, or under, a neighbouring property. The flying part of the property need not be in mid-air, it … WebAs is so often the case with property law, the concept of a flying freehold appears straightforward in theory, but can become far more complex in practice. The basic definition is quite simple: part of the property that has …
Flying freeholds: All your questions answered HomeViews
WebApr 3, 2024 · Flying freeholds can be a complexity if you're mortgaging a short-term freehold property or need to finance a new investment home. Here we explain how it all works and what a lender will consider when looking at properties with an existing tenant. Ask a question Let’s get started! Excellent 4.95 average 38 reviews Stephen Julius Verified … WebJun 13, 2024 · The flying freehold situation needs to stay as it is. It isn't uncommon and it isn't time to start getting territorial. You buy what is on offer to you, that is what is for sale Speak to your solicitor about indemnity policies or other legal options available without you and the neighbour physically swapping bits of houses. citi training history and ethical principles
What is a flying freehold? - Levi Solicitors LLP
WebJul 9, 2024 · There is also a concept known as a ‘flying freehold’. This is when a section of a freehold property extends above or below a neighbouring or adjoining property. … WebMar 28, 2024 · 4) Flying Freehold Indemnity Insurance. When a part of the freehold property overhangs that of a different freehold property, a flying freehold is said to occur. This usually happens when a property is divided into many freeholds. 5) Good Leasehold Title Indemnity Insurance WebOct 20, 2024 · “Flying freehold” is a legal term commonly used to describe whether a part of a freehold property is above or under a part of another freehold property. For example, your living room is under one of the bedrooms next door, or part of your house is over your neighbour’s garage. dibutyl phthalate shelf life