Difficult sale post death

lisyloo

I haven’t heard it mentioned and don’t know what difference each makes to mortgage/solicitors cost.
a £5k discount seems easier to me to get everything cut and dried without expensive solicitors arrangements, so if they want it then I’m sure it can be arranged.

eddddy

GDB2222 said:

Has anyone suggested a retention to cover the cost? 

The issue seems to be something like

Maybe at some point in the future...
- maybe the neighbour will complain about the boundary,
- and maybe the neighbour will insist that the boundary is moved
- and maybe the neighbour will ask the new owner to pay for reinstatement,
- and maybe the new owner will agree to pay
- and/or maybe the new owner will have to make good the edge of their own drive 


But all the above seems unlikely, as the boundary was 'mistakenly moved' 30 years ago.

And I don't think a solicitor would agree to hold a retention for, say, another 30 years "just in case" any of the above happens.

lisyloo

The neighbour is a council tenant and couldn’t care less.
its the buyers solicitor (rightly IMO) raising this.

a retention seems complicated to me and possibly involves solicitors fees and seems over the top for a £5k discount.

sheramber

So the only people who could raise the issue would be the council. 

lisyloo

sheramber said:

So the only people who could raise the issue would be the council. 

Or a future buyer I gue