Vesting Order
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How to Find a Missing Freeholder
A missing freeholder can hinder leaseholders from obtaining management packs and extending leases, especially during sales or remortgages. Determining the freeholder’s status is crucial, involving searches and documentation. If inaccessible, leaseholders may explore statutory options or indemnity policies, while well-documented efforts to trace the freeholder are essential for legal processes.
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Absentee Landlord Indemnity Insurance: Protection or Papering Over the Problem?
Absentee landlord indemnity insurance can address defined financial risks, but it cannot recreate a missing freeholder. We examine lender requirements, policy limitations and vesting orders.