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Flying Freehold
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Flying freehold is a term used to describe that part of a freehold property which is built above land which is not part of the property freehold, e.g. a bedroom built over a common access passageway.
Flying freeholds can cause you dificulties when trying to get a mortgage. At worst, a home lender will decide they're not prepared to lend.
Last Updated: July 2007 © Moneyextra.com
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