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Flying Freehold

 
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Mary Jones



Joined: 16 Jan 2005
Posts: 3
Location: South West

PostPosted: Mon Feb 07, 2005 8:24 pm    Post subject: Flying Freehold Reply with quote

Is there any way I can check when something became a legal requirement?
A solicitor has told me that a new rule within the last two years (ish) means that if part of your house is a flying freehold (bedroom over alleyway) the mortgage company of the prospective buyers will require a one-off insurance payment. I just want to know what this rule states and when it came into force. Can anyone help, please?
No-one mentioned this to me when I bought the property 22 months ago, nor did they tell me part of it was a flying freehold. Who should have? The solicitor or surveyor? Or no-one?!
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thescruff
Moderator


Joined: 03 May 2003
Posts: 4400
Location: Bath

PostPosted: Sat Feb 12, 2005 8:39 am    Post subject: Reply with quote

have a look through the links, yours is not uncommon nowadays.

http://www.swarb.co.uk/lawb/cvrFlyFree.shtml

http://www.swarb.co.uk/lawb/lndff2.shtml

http://www.themovechannel.com/howto/find/freehold-or-leasehold.asp

http://fish4.co.uk/homes/legal/legal_doc_pg1.jsp
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