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4 Oct 19, 05:13 PM |
#1
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Imagineer
Join Date: Jan 08
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Flying Freehold?
Has anyone come across this when buying a house?
If so, any issues? I’d never heard of this before and it’s just been mentioned by our solicitor regarding the property we are in the process of buying.
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Sept 93 - Orlando, California, Nevada Aug 94, Jul & Dec 03, Oct 04, Xmas 05, 06, 07 - DLP Dec 08/Jan 09 - Residence Inn Seaworld, Orlando Aug/Sept 09, Jan/Feb 10 - DLP, Aug 13 - NPBC DLP |
4 Oct 19, 05:29 PM |
#2
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Imagineer
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Not when buying personally but I used to work in an estate agents and they can be tricky. Your solicitor should be able to help but it could cause delays as checks are often needed by mortgage companies etc.
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4 Oct 19, 05:37 PM |
#3
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Imagineer
Join Date: Jul 14
Location: The Tiki Room.
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The Dibb is like Wikipedia! Every day I learn something new. Never heard of this expression before but now I do know what it is.
OP. Hope you get it sorted.
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4 Oct 19, 05:55 PM |
#4
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Imagineer
Join Date: May 10
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A flying freehold is when a part of your house is over another property meaning you dont own the ground below that part.
These can course issues with the purchase an when living in a property if the person who owns the space below you house makes alterations. |
4 Oct 19, 05:56 PM |
#5
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Imagineer
Join Date: Feb 13
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4 Oct 19, 05:59 PM |
#6
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Thread Starter
Imagineer
Join Date: Jan 08
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Neither had I! There are lots of variations, but a very common one is terraced houses with a shared entry way between them. I’d never even given a thought to it before today.
There is a question on the property information questionnaire that sellers fill in which asks whether any of your property either overhangs or under hangs a neighbouring property. I guess this is what that means? 🤔
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Sept 93 - Orlando, California, Nevada Aug 94, Jul & Dec 03, Oct 04, Xmas 05, 06, 07 - DLP Dec 08/Jan 09 - Residence Inn Seaworld, Orlando Aug/Sept 09, Jan/Feb 10 - DLP, Aug 13 - NPBC DLP |
4 Oct 19, 06:03 PM |
#7
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Thread Starter
Imagineer
Join Date: Jan 08
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It’s just a shared entry that part of the house is over. The whole estate has houses like this that were built in the 70s/80s. Mostly, the side which covers the entry way is a bigger house. I’ve seen lots of houses like this (and lived in one as a child) and never even given it a thought.
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Sept 93 - Orlando, California, Nevada Aug 94, Jul & Dec 03, Oct 04, Xmas 05, 06, 07 - DLP Dec 08/Jan 09 - Residence Inn Seaworld, Orlando Aug/Sept 09, Jan/Feb 10 - DLP, Aug 13 - NPBC DLP |
4 Oct 19, 06:04 PM |
#8
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VIP Dibber
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We had a floating freehold on an old cottage we used to own. Part of our kitchen was under next doors large bedroom cupboard! Both properties were owned by the church and divided up many years ago when I guess people didn't worry about these things!
It was only a small area but it did mean a bit more hassle with our buyers solicitors, they weren't keen!
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4 Oct 19, 06:10 PM |
#9
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Imagineer
Join Date: May 10
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4 Oct 19, 06:19 PM |
#10
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Thread Starter
Imagineer
Join Date: Jan 08
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I am not entirely sure, and guess my solicitor will know/be finding out, but I would have thought it would be shared ownership and access.
It’s for access to the rear garden and extremely common. I know lots of people who live in terraces like this, but never thought to ask them how it all works.
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Sept 93 - Orlando, California, Nevada Aug 94, Jul & Dec 03, Oct 04, Xmas 05, 06, 07 - DLP Dec 08/Jan 09 - Residence Inn Seaworld, Orlando Aug/Sept 09, Jan/Feb 10 - DLP, Aug 13 - NPBC DLP |
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