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Flying freehold ?

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whitesatin
whitesatin Posts: 2,088 Forumite
First Post First Anniversary
in House buying, renting & selling
I have just spoken to an agent about a house that I like. It is terraced, with a garage and is joined to the next house by this garage. The odd thing is that above the garage is a bedroom belonging to the other house. Apparently it is part of the style of the house (60s).

Does anyone have any thoughts or experiences of this?

Comments

  • RabbitMad
    RabbitMad Posts: 2,069 Forumite
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    Can be a pain what happens if the neighbours roof leaks etc

    some lenders refuse to lend on properties with flying freeholds
  • WhiteHorse
    WhiteHorse Posts: 2,492 Forumite
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    That is a heck of a flying freehold. You really would need to get a solicitor to check out your rights and responsibilities with that one.
    "Never underestimate the mindless force of a government bureaucracy
    seeking to expand its power, dominion and budget"
    Jay Stanley, American Civil Liberties Union.
  • seabright
    seabright Posts: 639 Forumite
    First Anniversary Combo Breaker
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    Sounds live the neighbouring house has the flying freehold, not the house you are interested in.

    Lots of lenders won't lend on them, and the title to flying freeholds are often unsatisfactory and leave you reliant on indemnity insurance policies.
  • BitterAndTwisted
    BitterAndTwisted Posts: 22,492 Forumite
    First Post Combo Breaker
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    A friend of mine bought a Georgian end-of-terrace semi with a flying freehold and it was pretty straightforward getting a mortgage on it once everyone understood what it meant and what the ramifications were
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