AVForums

Our philosophy in our forums, reviews, podcasts and feature videos is to promote audio and visual excellence by gathering and sharing the best information and resources available.

Help

To begin please visit our help section »

Not a Member Yet?

It only takes a minute to start enjoying the benefits of AVForums membership, and it's free!

Member Log in

Any conveyancing experts around?

Post Reply
Old 22-10-2009, 7:42 PM   #1
Prominent Member
Join Date: Sep 2004
Experience Points:
16,091, Level: 30
Points: 16,091, Level: 30 Points: 16,091, Level: 30 Points: 16,091, Level: 30
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
Thanks: Gave 38, Got 205
Posts: 3,444
Any conveyancing experts around?

Currently in the process of selling a property (a flat from a house converted into two).

The seller's solicitor has raised the issue of a restrictive covenant -

The land thereby conveyed should be used for the erection of private dwellinghouses only

They have stated that two flats do not constitute a dwellinghouse therefore indemnity insurance is required.

The conversion was done 26 years ago and the property has changed hands many times since then - it did not come up when I purchaed the place so I'm very dubious about this.

There's a lack of building regs indemnity in place but I'm assuming it wouldn't cover this?

Can anyone shed any light on this? My solicitor has basically presented it to me like that and said a policy would cost £120 but I fail to see how one could be needed.

Thanks
  Quote
Old 27-12-2009, 1:12 PM   #2
New Member
Join Date: Dec 2009
Experience Points:
1,226, Level: 7
Points: 1,226, Level: 7 Points: 1,226, Level: 7 Points: 1,226, Level: 7
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
Thanks: Gave 0, Got 0
Posts: 4
Quote:
Originally Posted by dan1979 View Post
Currently in the process of selling a property (a flat from a house converted into two).
Is is the seller's conveyancing solicitor that has raised the issue or the buyer's lawyers ?
  Quote
Post Reply



Thread information and display options
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off