Any conveyancing experts around?

dan1979 · 22-10-2009, 7:42 PM

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

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22-10-2009, 7:42 PM	#1 (permalink)
dan1979 Senior Member Join Date: Sep 2004 Posts: 2,546 My movie collection Thanks: Gave 28, Got 143	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

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