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selling existing house - legal problems
skemp2
Posts: 6 Forumite
Hello,
I have recently been in negotiations to part exchange my house with Barratts and there is a problem.
My terraced house used to be one big 4 bedroom terraced house and was re-developed in 2, 2 bedroom terraced houses with seperate addresses. Planning permission was obtained as was building regulation approval, the development work on the house was completed on the 15/12/2005 and the completion certificate was issued.
Barratts solicitor is now asking for a "structural warranty" certificate? I don't have one of these. It's similar to a NHBC warranty as far as I can make out.
It's looking like the whole deal could fall through because of this, but i am confused because i have remortgaged this house once since ownership and I have been i contact with the first conveyancing company and they have said that there was not one when I bought the house and I don't need one?
Indemnity's have been mentioned as a possible solution, but at the moment it is not guaranteed that Barratts will accept this.
What should I do from here?
I have recently been in negotiations to part exchange my house with Barratts and there is a problem.
My terraced house used to be one big 4 bedroom terraced house and was re-developed in 2, 2 bedroom terraced houses with seperate addresses. Planning permission was obtained as was building regulation approval, the development work on the house was completed on the 15/12/2005 and the completion certificate was issued.
Barratts solicitor is now asking for a "structural warranty" certificate? I don't have one of these. It's similar to a NHBC warranty as far as I can make out.
It's looking like the whole deal could fall through because of this, but i am confused because i have remortgaged this house once since ownership and I have been i contact with the first conveyancing company and they have said that there was not one when I bought the house and I don't need one?
Indemnity's have been mentioned as a possible solution, but at the moment it is not guaranteed that Barratts will accept this.
What should I do from here?
0
Comments
-
What does your solicitor say?
I thought a conversion wouldn't be expected to have something like an NHBC whereas a new build would. So it may be confusion at Barratts end - they see a new address and assume its a new build.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0
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