Title Splits & Creation Of New Leases

If you own a building containing multiple flats held under a single title, you may not realise that you can split that title and create individual leases for each flat. Title splitting is a strategy that gives each unit its own legal identity, making it easier to refinance, sell and manage your property more flexibly. It is an approach that an increasing number of landlords and investors are now adopting.

What is title splitting?

In simple terms, title splitting is the process of dividing one freehold title into separate leasehold interests. Each flat is granted its own lease, which is then registered at the Land Registry with a unique title number. As a result, each unit within the building stands independently, rather than being held under a single title.