Property Sale
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Three Weeks Before the Mortgage Offer Expired, a Deed of Variation Threatened the Sale
A homeowner faced a potential collapse of their property deal due to a last-minute demand for a deed of variation related to an estate rentcharge. The buyer’s lender required advance notice for enforcement, but existing provisions may have already met those requirements. Analyzing existing documentation and lender instructions is crucial to determine necessity and resolve…
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Japanese Knotweed Stopped My House Sale. Why Was It Not a Problem When I Bought?
Japanese knotweed may remain unnoticed for years and only become a serious problem when a homeowner tries to sell. A buyer’s surveyor identifies growth on the property or neighbouring land, the buyer’s mortgage lender asks for further evidence and the transaction suddenly stalls. For the homeowner, the obvious question is: if the property was acceptable…