Flying Freehold Mortgage Quotes & Advice

As mortgages for flying freehold properties are only offered by a limited number of lenders at this time, we do not recommend using our online mortgage quotes system to search for flying freehold mortgages. Many lenders will not accept Flying Freehold properties or will place special conditions those they will accept.

Simply follow the links below to get free flying freehold mortgage quotes, or request advice on flying freehold mortgages. Because flying freehold mortgages are non standard it will save you considerable time and effort to let us search the market for you to find flying freehold mortgage quotes.

Flying Freehold Mortgages Explained

A flying freehold is the term for a property on a freehold tenure where part of the building sits above part of another property. Often this may be with older properties converted into maisonettes. Your living room or bathroom for example may extend over someone else's kitchen.

This is non standard as it means in the event that there was a roof collapse or similar damage to an area covering both properties there would be no definite rule as to who would be liable for the repair. There are other complications which can arise with a flying freehold property but this is just one example.

For this reason many lenders consider Flying Freehold Mortgages to be higher risk lending, and this in turn makes them less straightforward to sell. Most high street banks will accept these properties but there are subtle differences in the lenders criteria around Flying Freehold Mortgages which mean that in most cases mortgage advice would be beneficial.

Flying freehold mortgages are however normally available at standard mortgage rates and there is unlikely to be any major difference in the interest rates available between a normal property and one requiring a Flying Freehold Mortgage.