Seller’s anxiety

BKsport

Hi,
I am about to complete the sale of
My leasehold flat to a Cash Buying company. It’s a top floor flat in a three storey building. Some six weeks ago now, I completed the TA6 form and answered all questions truthfully (at the time) - stating there had been no incidences of flooding. The buyers have valued the flat twice and completed a survey of the flat and the Common building

However long after I sent off the TA6 form, I had reason to go in the cellar of the common block, and noticed half of it is flooded with an inch or so of water. We’ve got a contractor out to install a sump pump but due to the weather this work will be taking place after I’ve completed. I’d long since put the TA6 form to the back of my mind and only just remembered about the flooding question!

My concern is that the buyers may come after me for misrepresentation if they see the situation in the cellar. Though I can’t see how it would affect a top floor flat.
My argument would be that they had a chance to inspect the cellar during their survey, but didn’t show any interest in it. Also I’ve done my best to rectify the problem.

Any thoughts would be appreciated. Am I at risk?

Owain_Moneysaver

Was the surveyor (and the buyer) aware there is a cellar?

Will the cost of the sump pump be met by you or from the property's repair fund, or will it fall to the buyer?

I think you have to tell them, but that's just me.

BKsport

I have covered the cost of the sump pump installation (along with the existing RTM members), the new buyer won!!!8217;t have to pay anything.

I don!!!8217;t know whether the surveyor knew whether there is a cellar or not, but it!!!8217;s right in front of you as you come in the main entrance, she!!!8217;d have to be the worlds worst surveyor to miss it!

Owain_Moneysaver

She might not have known it was a communal part though. In some blocks, individual flats have individual storage cupboards off the stair.

If the new buyer won't have to pay anything then there's little reason the buyer should be dissatisfied.

BKsport

Thanks, that!!!8217;s what I thought, but this whole sale has been stressful to say the least and maybe I!!!8217;ve been guilty of letting my mind run away with me! !!!55357;!!!56876;