Flying Freehold: Selling or Remortgaging
Is a flying freehold causing problems selling or remortgaging your property? You may have bought without difficulty, only to find that a buyer’s solicitor, surveyor or mortgage lender now raises concerns.
If the issue has emerged during your sale or remortgage, your original purchase records are a useful starting point. What did the title documents show? What enquiries were raised, and what advice did you receive about the flying freehold and its possible effect on a future sale?
Flying freehold?
Find out what you were told when you bought
If part of your home sits above or below a neighbouring property, your original conveyancing file and your lender’s requirements at the time could show whether the flying freehold should have been reported and what advice you received.