The benefits of upgrading a cross lease title to fee-simple title are:
- fee-simple is considered a better form of title and is encouraged by Solicitors
- you don’t need your neighbours permission to complete additions to your property if you have a freehold site, which
- removes the risk of disputes if you complete alterations without consent on a cross lease title
- you don’t have to update your title if you undertake additions to your property
- increase in property value
- there are less restrictions with a fee simple title and as such it is easier to sell
