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Building indemnity insurance fo
Hi I'm panicking a bit .. (it's in my nature lol) we have recently sold our house and are hoping to complete within next few days. However buyers solicitor has requested docs stating the changes to lOft have passed blg regs. At somr stage (in the past 126 years ... It couldhave been anytime)some downward supporting joists have been removed and replaced with floor supports (I don't know the technical term) we have never had a problem in the 9 years we've lived here and a builder friend has looked and says it is as sound as can be. There was no survey of the loft when we bought it 9 yrs ago.0aThe loft is accessed via a ladder and it is boarded and has electrical points etc. it hasbeen used as an unofficial computer room and to store thingszm
.but we did not ever say it was a loft conversion as it simply is not. The buyer incidentally seems fine with buying this and is happy with this but her solicitor is not!! Our solicitor mentions indemnity insurance. What is this? I am worried the sale will fall through because of this.
.but we did not ever say it was a loft conversion as it simply is not. The buyer incidentally seems fine with buying this and is happy with this but her solicitor is not!! Our solicitor mentions indemnity insurance. What is this? I am worried the sale will fall through because of this.
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For more on marking an answer as the "Best Answer", please visit our FAQ.going back to my mother in law when she sold her house in london everything was going through fine usual pace 2months + !! when within days of exchange the purchasers solicitor started whinging about an asbestos shed in the garden.Now bearing in mind they had the surveyers report within days of putting the offer in nothing was said until right at the last moment.Mother in law ended up knocking £2,000 of the price.
If it had been down to me i would have stood my ground called there bluff and threatened to put the house back on the market you have to remember the purchaser would have spent £££s on various fees which they would lose if it had been put back on the market.
Just dont be intimidated by threats and certainly dont let them think you are desperate to move.
If it had been down to me i would have stood my ground called there bluff and threatened to put the house back on the market you have to remember the purchaser would have spent £££s on various fees which they would lose if it had been put back on the market.
Just dont be intimidated by threats and certainly dont let them think you are desperate to move.