The most common and most likely answer to this crossword clue is the 8 letter word FREEHOLD
I've seen this crossword clue in Independent
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Buddy explains!
The straight part
We know that "Title of letter" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case title of letter = freehold.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does FREEHOLD mean?
FREEHOLD noun- The tenure of property held in fee simple for life.
- An estate held by a tenure of this type.
- To dispense property in this way.