Mortgage lender refused to accept Statement of Truth and Indemnity Policy in regard to access issue

Dwrgi

Selling my house to my son and partner. Have lived in it for 30 years. Access to the property is on a bridle path. Our solicitor was surprised that Nationwide would not accept Statement of Truth and an Indemnity Policy to resolve the issue. They said most high street lenders would. However, neither our solicitor, or my son’s, or his mortgage advisor can tell us the name of lenders who are likely to help us resolve the issue. 

Any advice gratefully received. Thank you.

Emmia

Driving a car or a motor vehicle on a bridleway is generally illegal. Is there no other access to the property?

Flugelhorn

Emmia said:

Driving a car or a motor vehicle on a bridleway is generally illegal. Is there no other access to the property?

I lived in one of two  70s built houses where the access was similar - the lane was technically a bridleway which had led to the previous 1600's built cottages. The deeds to the old house had allegedly said "access to the property for a man and his cart"  - anyway the lane was tarmacked and eventually somehow maintained by the council. There was a statement given by the neighbour when we got a mortgage in the 90s  that it had been used by his family  since forever for access  to the old properties. 

I suspect OP needs to try a different mortgage broker 

user1977

Emmia said:

Driving a car or a motor vehicle on a bridleway is generally illegal.

The OP doesn't say they're driving along it (admittedly "no vehicular access" may be an additional problem for a lender).

Dwrgi

Emmia said:

Driving a car or a motor vehicle on a bridleway is generally illegal. Is there no other access to the property?

Thanks for your reply. No other access. But I have lived here for 30 years and the owner of the land is happy to provide a Statement of truth. We are just looking for lenders who are likely to accept that but can’t find that information.

Dwrgi

Flugelhorn said:

Emmia said:

Driving a car or a motor vehicle on a bridleway is generally illegal. Is there no other access to the property?

I lived in one of two  70s built houses where the access was similar - the lane was technically a bridleway which had led to the previous 1600's built cottages. The deeds to the old house had allegedly said "access to the property for a man and his cart"  - anyway the lane was tarmacked and eventually somehow maintained by the council. There was a statement given by the neighbour when we got a mortgage in the 90s  that it had been used by his family  since forever for access  to the old properties. 

I suspect OP needs to try a different mortgage broker 

Thanks for your reply. My son’s current advisor is unable to provide him with names of likely lenders. Is this usual do you know?

silvercar

Dwrgi said:

Flugelhorn said:

Emmia said:

Driving a car or a motor vehicle on a bridleway is generally illegal. Is there no other access to the property?

I lived in one of two  70s built houses where the access was similar - the lane was technically a bridleway which had led to the previous 1600's built cottages. The deeds to the old house had allegedly said "access to the property for a man and his cart"  - anyway the lane was tarmacked and eventually somehow maintained by the council. There was a statement given by the neighbour when we got a mortgage in the 90s  that it had been used by his family  since forever for access  to the old properties. 

I suspect OP needs to try a different mortgage broker 

Thanks for your reply. My son’s current advisor is unable to provide him with names of likely lenders. Is this usual do you know?

It’s literally his job to find you a mortgage. If he can’t do the job, then find someone who can.

ACG

This sort of thing will not be in standard criteria. This is the sort of thing where a broker earns their wage and fires off emails to account managers or jumps on the phone to them. In 13 years as a broker, its not something I have come across so it is quite unique I think. 

If the broker cant/wont find a lender, then there is no harm in getting a second opinion from another. I dont know if it can be done or not, going off some of the replies it seems to suggest it can be so dont give up. 

MWT

Dwrgi said:

Selling my house to my son and partner. Have lived in it for 30 years. Access to the property is on a bridle path.

Is this actually an official Bridleway?

You should be able to check this with your local authority on their website.

user1977

Dwrgi said:

Emmia said:

Driving a car or a motor vehicle on a bridleway is generally illegal. Is there no other access to the property?

the owner of the land is happy to provide a Statement of truth. 

Owner of the land meaning the owner of the access route? Can't they grant any missing rights of access? I'm not familiar with any complications which come with bridleways.

MWT

user1977 said:

Dwrgi said:

Emmia said:

Driving a car or a motor vehicle on a bridleway is generally illegal. Is there no other access to the property?

the owner of the land is happy to provide a Statement of truth. 

Owner of the land meaning the owner of the access route? Can't they grant any missing rights of access? I'm not familiar with any complications which come with bridleways.

An easement would seem like the obvious solution if the landowner is willing, but I can see why a lender wouldn't be happy with just a Statement of Truth.

These days you wouldn't be able to get planning permission without it...