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Yes, that's the position I was in. Myself and the guy downstairs jointly owned the freehold and our individual flats each had a lease.
It was made simpler by there being very few communal costs, the only communal area was the front door and a 6' corridor so the only real cost was joint buildings insurance. The leases split the building up so the upstairs flat was responsible for everything from the first floor upwards (including the roof) and downstairs for the bottom half.
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Sold my first flat a ground floor in a Victorian terrace in beckenham. Share of freehold, 2 weeks after completing and moving out I had a letter from the buyers solicitor to say that had forgotten to transfer the freehold into the buyers name upon completion and could I sign the paperwork....FML, ohh how we laughed
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aggi
Cornish_Bike
@dbr
Thanks both. Seems much simpler than forming a company just for two flats in a Victorian terrace.