Freehold Title Splitting and New Residential Leases
If you own a property with several flats under one freehold title, we can help you create the right legal structure for your plans. Our title splitting solicitors can manage the freehold title split and create new residential leases for individual flats, giving each flat a separate legal identity, making your property easier to manage, sell, or refinance.
How does splitting a freehold title work?
Title splitting involves dividing a freehold property so individual flats can have their own long leasehold titles. Our title split property lawyers can help with the new lease structure, HM Land Registry title split and new title registration at H M Land Registry. The leases can also set out clear service charge provisions, insurance responsibilities and arrangements for maintaining the building.
Title splitting for developers, landlords, and property investors
Splitting a property title can give developers, landlords, and investors more flexibility over individual flats. It can support separate sales, refinancing and wider property investment plans. Whether you’re a developer considering title splitting or using a title split investment strategy across your portfolio, we’ll help you put the right legal structure in place.
Adding value and flexibility through title splitting
Title splitting, gives you more options. It can create more options for selling, refinancing, and managing individual flats. For investors, adding value to property through title splitting can also form part of a wider investment strategy. Clear lease terms set out responsibilities for service charges, maintenance, repairs and insurance, helping everyone understand where they stand.
How our title splitting solicitors can help
We’ll manage the legal process from the initial title review through to new title registration. This will include drafting long residential leases, advising on the leasehold structure for flats and key lease terms, coordinating compliant plans, liaising with lenders, and dealing with HM Land Registry.
Questions we’re often asked
We examine your title, prepare leases suited to your plans and explain the key terms. We also coordinate Land Registry compliant plans, liaise with lenders and register the new leases to obtain separate title numbers for each flat.
Yes. You can keep the freehold while granting individual leases for the flats. Alternatively, you may choose to transfer the freehold to a management company.
It may do. We work with your lender to establish their requirements and ensure the proposed leases meet them.
Lease plans must clearly identify each flat’s layout and boundaries and meet Land Registry requirements. These drawings are needed to register the new leases.
No. A lease must be granted to a separate legal person, so you would need to grant it to another individual or a company.
SDLT may be payable, depending on the lease terms and the circumstances of the transaction, including any premium or rent payable. The position should be checked before proceeding.
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