Flying / Creeping Freehold describes the situation where a part of a Property requires support from, or provides support to, another freehold premises part of which is built above or below the insured Property and there are no mutual rights of support and repair documented in the titles or they are inadequate. An insurance can provide a cost-effective solution to the problem.
In what circumstances is the cover needed?
Where a part of a Property requires support from or provides support to another freehold premises part of which is built above or below the insured Property and there are no:
- Adequate rights of support and protection from or covenants for repair and maintenance of the premises adjoining above or below the Property, or
- Rights of access onto such premises for the purpose of carrying out necessary repair or maintenance of the Property
Risks Covered: Losses arising in respect of freehold properties other than a freehold flat or maisonette where part of the Property has a flying or creeping freehold.
Cover includes losses sustained as a result of inability to undertake or enforce or obtain reimbursement/appropriate contributions from the owner(s) of the premises in respect of maintenance/repair work necessary for the protection of the Property.