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Purchasing a Flying Freehold
ImranHussain247
Posts: 1 Newbie
I have read a lot of the comments on the forum and learnt a lot about flying freehold (which is great as I had not heard of it before!)
Today I had a look at two flats with a flying freehold over the staircase to the flats. However the stair case is blocked off from the shops downstairs by a door. Apparently there is an agreement in place with the shop's owners, in that they can have access to the staircase to use the toilets on the groundfloor. Firstly will this at some point cause me a problem?
I think the flying freehold also cover the fact that the two flats are above two shops. But I don't understand this as there are a lot of flats above shops and they don't have flying freeholds! Or is a flying freehold just a name for freehold flats above a shop or communal areas?
The third issue I would like to address is that these were, at one point, three bedroom appartments, however one has been turned into a two bedroom flat (for some silly reason). I know with leasehold properties this needs planning permission, and I know that with a freehold property it is permitted without planning. However what about a FLYING freehold??? This will not cause me any problems - will it?
I would ask my solicitor, but when I emailed him (asking what a flying freehold is) he replied with an extract from Moneyextra.com website, and stated that it was self explanatory!
Any comments would be very much appriciated. :T
Today I had a look at two flats with a flying freehold over the staircase to the flats. However the stair case is blocked off from the shops downstairs by a door. Apparently there is an agreement in place with the shop's owners, in that they can have access to the staircase to use the toilets on the groundfloor. Firstly will this at some point cause me a problem?
I think the flying freehold also cover the fact that the two flats are above two shops. But I don't understand this as there are a lot of flats above shops and they don't have flying freeholds! Or is a flying freehold just a name for freehold flats above a shop or communal areas?
The third issue I would like to address is that these were, at one point, three bedroom appartments, however one has been turned into a two bedroom flat (for some silly reason). I know with leasehold properties this needs planning permission, and I know that with a freehold property it is permitted without planning. However what about a FLYING freehold??? This will not cause me any problems - will it?
I would ask my solicitor, but when I emailed him (asking what a flying freehold is) he replied with an extract from Moneyextra.com website, and stated that it was self explanatory!
Any comments would be very much appriciated. :T
Have you had major problems with purchasing a flying freehold? 0 votes
Yes - Disastrous
0%
0 votes
Yes - Cost me more than expected
0%
0 votes
Yes - Just a lack of information
0%
0 votes
No
0%
0 votes
0
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