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Flying freehold - buy or not?

The property is a 1st floor flat with garages underneath. The flat stick out about 4ft on the front and back of the building (flying freehold) Building including garages is leaseholded and it has insurance included in service charges. Back bit is sticking out above garden which is the part of this household and front above garages. I'm a first time buyer and i'm not sure what i should be aware of when buying that kind of property. Please advise

Asked on Dec 9 2013, General in Birmingham | Report content

Answers (2)

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  • If the building is leasehold and you pay service charges then you do not have a freehold. You would appear to be buying a leasehold flat. The reason flats etc are leasehold is precisely because there would be problems otherwise such as 'flying freeholds'.

    Answered on Jan 4 2014, Report content
  • Flying freehold ppty's need to ensure there are mutual adequate provisions for support and repair with the other (beneath) property. usually indemnity insurance policies can be applied if there are issues. Your solicitor can advise.

    Answered on Jan 15 2014, Report content

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