This type of ownership guarantees that the Landlord
has the ownership to grant the Lease and is the owner of the Freehold Title.
If the freehold title was missing or was inadequate at the time the Lease was first
registered, this is called Good Leasehold Title. This type of Lease ownership is common in leasehold houses in Northern
cities like Sheffield.
Just because the Lease does not have Absolute Leasehold Title, it does not mean
it is entirely defective although you should only purchase this type of lease if:
a. Your Solicitor confirms that the Title is acceptable;
b. You have obtained an Indemnity Policy (a type of Insurance), to protect
against any future problems that may arise.