Buying a home, Un-adopted road & developer gone bust!

sjja

Hi all, 
I'm looking for some good advise or wondered if anyone else had a similar experience? We are in the middle of buying a house that's roughly 3-4 years old. The whole estate is no more than 5 years old & the road hasn't been adopted yet by the local authority and around 18 months ago the developer has gone bust.  Our solicitor has flagged this and reported it to our lender (Santander). 

We have an offer in place & its a house we really want. 

What is the likely outcome going to be? 

lincroft1710

You will be living with an unadopted road for some years

Section62

sjja said:

What is the likely outcome going to be? 

If the original intention was for roads to be adopted (not a given) then it is often the case that the planning authority/highway authority will require some form of completion bond from the developer, so that in exactly this kind of situation there would be funding available to complete the roads to an adoptable standard.

Whether this has been done, and whether the relevant authorities now have any intention of following through on the adoption, depends entirely on the local situation.

Your solicitor should have an understanding of this kind of process and know the kind of enquiries that need to be made.

If they aren't proactively suggesting to you what needs to be done next, and how long it will take and cost, then if it were me I would be thinking about changing my solicitor.  Or looking for a different property to buy.

davidmcn

Has the road been completed to adoptable standard? Or is there any work still to be done to it?

greatcrested

What has the local authority said when you made enquiries?

I know most of their offices are closed to the pubic, and they may be short-staffd, by they will still (eventually!) answer the phone......

sjja

davidmcn said:

Has the road been completed to adoptable standard? Or is there any work still to be done to it?

Hi David,
The iron works will need raising and chipped curbs to be replaced but overall condition of the road is good.

sjja

Section62 said:

sjja said:

What is the likely outcome going to be? 

If the original intention was for roads to be adopted (not a given) then it is often the case that the planning authority/highway authority will require some form of completion bond from the developer, so that in exactly this kind of situation there would be funding available to complete the roads to an adoptable standard.

Whether this has been done, and whether the relevant authorities now have any intention of following through on the adoption, depends entirely on the local situation.

Your solicitor should have an understanding of this kind of process and know the kind of enquiries that need to be made.

If they aren't proactively suggesting to you what needs to be done next, and how long it will take and cost, then if it were me I would be thinking about changing my solicitor.  Or looking for a different property to buy.

Thanks for the info. I will be pushing the solicitors. We will be happy to complete with un adopted roads as we where aware of this. I believe the residents on the estate have been in discussions with the local authority but not sure what stage that is at.