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In this screenshot, that NPC is slowly climbing up that wall

http://i.imgur.com/Mx2jd9n.jpg

In this one, we have a floating dog. This happened all over the area. All of the dogs non-aggro resting spot was just above head level. Also, in a lot of areas, the drowners swimming in the water can be seen from a distance standing above the water. You also run into a lot of NPCs with no animations, so they're floating around in the default mannequin pose, arms stretched out.

http://i.imgur.com/mUkbkvm.jpg
I'm getting this exact same issue ever since patch 1.04.

All the Sirens, Goats, Hares, Endrags I was encountering in southeast skellige were floating about 2 feet off the ground, when killed their loot would be as well.
I was on Roach and fast travelled I was flying in the air i was like 6 feet up and then after 10 or so seconds I came back down to the ground but when I dismounted the camera View was like 6 inchs from Geralts head.

When I panned the camera I could see inside his head and even to the point i had a first person view I couldn't interact with anything so had to reload an earlier save.

Also had people and onjects pop in floating for a second or two.