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Please help. Advice needed regarding search results!!!
Arina
Posts: 385 Forumite
Hello all,
Any advice would be appreciated regarding this matter.
We have a mortgage offer in place with the halifax and are waiting patiently for our house purchase. Our solicitor has emailed me to say that he has received back the searches and it has come back with the following.. (His words exactly):
"There has been a notice placed on the property for manorial mineral rights on the property, and the solicitors will not remove this, and so the property will be purchased subject to these rights. We will need to declare this to the Halifax and await their confirmation that they are happy to proceed"
Can someone please clarify what manorial and mineral rights mean exactly? And will this lead to halifax saying they will no longer issue is the mortgage.
Thanks in advance for all your help.
Any advice would be appreciated regarding this matter.
We have a mortgage offer in place with the halifax and are waiting patiently for our house purchase. Our solicitor has emailed me to say that he has received back the searches and it has come back with the following.. (His words exactly):
"There has been a notice placed on the property for manorial mineral rights on the property, and the solicitors will not remove this, and so the property will be purchased subject to these rights. We will need to declare this to the Halifax and await their confirmation that they are happy to proceed"
Can someone please clarify what manorial and mineral rights mean exactly? And will this lead to halifax saying they will no longer issue is the mortgage.
Thanks in advance for all your help.
:beer:
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Comments
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Basically, if you strike oil in your back garden the Lord of the Manor gets rich.
http://blog.landregistry.gov.uk/fracking-manorial-rights-chancel-repairs-mines-minerals/
No idea whether Halifax would care though.0 -
At a wild guess, "manorial mineral rights" probably mean that the erstwhile lord/lady of the manor still retains rights over any precious minerals found on the land in question - I would imagine this is only relevant if a goldmine or similar is discovered in the back garden, but I may be wrong?0
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Can't imagine the lender will care but your solicitor, who are presumably acting for them too, have a duty to report it.0
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I think our house has that as its on an old gentry estate - if it is the clause that anything found under the earth , like a gold mine, doesn't belong to us. Our solicitor didn't mention it was a problem with the Nationwide, he was just telling us out of interest when talking about the history of the house. There was another clause about extensions and having to have the permission of the original landowner from 1920 when the house was built, but he doubted that would ever be enforced and all the houses in our street built at the same time have extensions, conservatories etc.0
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I think it's about fracking.0
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Thanks for all your reply guys. When my solicitor turned around and said its the first time he heard of this, it got me worried.
Hopefully it shouldn't affect halifax.
Thanks again everyone x:beer:0 -
Who's lording it around your Manor?!
And does he have the Minerals
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