Buying and Selling a property

jhaines

Hi,

I am in the process of selling my property and buying another, is there any insurance I can get to cover me for anything wrong with the property I am buying not picked up by my surveyor and covering me if the person I am selling my house to decides something is wrong and tries to sue me?

Thanks

eddddy

There's no insurance you can get to cover you for things wrong with the property you're buying. All you can do is get inspection reports from surveyors and other professionals, and make enquiries.

As for the property you're selling, as long as you answer any questions (via your solicitor) honestly, there's not really any scope for suing you (in England/Wales).

In terms of answering questions, answers like "I don't know" and "Not as far as I'm aware" are perfectly ok (assuming they're true). Don't be tempted to guess, when you're not sure.

.... and you mustn't do anything negligent, like smash the boiler with a hammer, between exchange and completion.

G_M

eddddy wrote: »

.... and you mustn't do anything negligent, like smash the boiler with a hammer, between exchange and completion.

Is that a legal definition of 'negligence?'


Does it also apply if I smash my neighbours' kids' heads with a hammer.........? They are SO annoying.......! :cool: