Jargon Buster: Flying Freehold
A flying freehold is a property that overhangs or underlies another freehold property or land. An example of flying freehold could be a bedroom that overhangs a shared outdoor passageway between two houses.
Although the ‘flying’ element can be small, it is usually part of the property which can be occupied.
Flying freehold applies only to freehold properties, not leasehold.