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Schedule Of Notices Of Leases

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Why, on the 'Official copy of register title,' is a 'schedule of notices of leases,' showing various other flats/leases included?
What significance is it to know about the dates of leases and terms of other leaseholders and their flats, when you are only interested in the details of your flat? 

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Every leasehold title is created out of a freehold title (even if the latter is still unregistered).

Most freehold titles span many leaseholds. This is usually because:

a. it's a block of flats; or

b. it's a portfolio of various houses, acquired as a single lot.

 

A freehold title is marked with a Schedule of Leases that derive from it. The Schedule entries show each one's leasehold tittle number, with a space if the leasehold is not yet registered. So the answer to your question is that:

a. the presence of leases other than one's own is of no real significance to one's own leasehold ownership; but

b. is certainly of major significance so far as relates to the block's leaseholds or to anyone seeking to purchase the freehold tile in whole or in part.

Edited by Jeffrey Shaw

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Thank you for this enlightening explanation, Jeffrey. 

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