Buying guide

Cross lease property: What you need to know before you buy

What does cross lease mean? What are the pros and cons? And what do you need to look out for before buying?

Ben Tutty
Last updated: 13 June 2024 | 10 min read

What is a cross lease?

What’s the problem with cross leases?

They often restrict what you can do with your property

It's important to get along with your neighbours when you own a cross lease property.

Making changes can be more difficult

Your neighbours really matter

They may reduce the value of your property

If one owner doesn’t update the flats plan, all titles are defective

Cross leases tend to only be older properties.

The good news is: Cross leases can be converted to freehold

How much does converting a cross lease to freehold cost?

Cross lease properties can be fine but you should still take care when buying.

What to look out for when buying cross lease properties

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Ben Tutty Ben Tutty