Solicitor advice - Buying leasehold flat (Wolvs) with a subsidence claim - mortgagability?

shangrula

Hi, 

Tricky situation - I'm buying a leasehold flat that's on the ground floor of a three story building. Its a 80-90 years old & other flats are owner occupied and all leasehold. There's been works done in the past few years for underpinning, as a claim on insurance. Because of covid the works are complete but not signed off. This means there's no COSA / certificate of the structural works. My solicitor is advising me that I can continue to purchase but my mortgage company might not like it (due to the lack of certificate issued). I can see the works are complete, it's been done via a local firm and the insurer & freeholder have all confirmed the same story. 

I am just not sure about my solicitor - they are a bit slow and a bit difficult to get in touch with. I've thought about leaving them for a new one but I hear that transferring to a new one might be slower than my current slow-poke! They have advised that they act on behalf of the mortgage company and that the lack of certificate 'might' be a problem. But they seem reserved with the truth. 

Is anyone here a conveyancer or solicitor who can confirm what the mortgage company will need to see? Who has the authority?? 

Thanks! 

Slithery

I don't think that this is a problem with your solicitor as they are just doing the job they've been paid to do by the lender. Until they hear back from your lender they can't give you a definitive answer either way.

TBG01

Your Solicitor is correct.

Your post history also shows you already know how time consuming properties with subsidence can be.