Mortgageability
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My Buyer Pulled Out Over a Flying Freehold: Why Wasn’t It Found When I Bought?
A buyer withdrew after a surveyor raised a possible flying freehold and encroachment involving a 50 year old extension. Why had the issue not been identified when the owner bought 12 years earlier?
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No Completion Certificate for a 1970s Flat Conversion: Is the Property Still Mortgageable?
A first time buyer paid for searches and a survey on a flat within a converted London house. The conveyancer then discovered that the search results contained no planning permission and no Building Regulations completion certificate for the conversion. At first sight, that might suggest an unauthorised conversion and a potentially unmortgageable property. However, the…