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  • First email from my solicitors since our offer was accepted/I told them to go ahead with things.

    • Turns out because we're the first owner a new lease will need to be drawn up, hello £1200 costs... We have cash for it but still a bit annoying.

    • It's a recently converted flat but doesn't have a conversion warranty, from what I understand this means for 10 years some (/most) mortgage providers won't lend against it. The solicitor is looking to see if the architect can provide a certificate for the conversion as an alternative. I'm not sure what to do if they don't though. Issues are:
      A) I don't want to find out the conversion was done poorly and will need loads of work.
      B) How much will the mortgage issue knock off the price when we sell it...

    I knew things wouldn't be totally straight forward but had also hoped the majority of stress/worry would have passed by now.

  • It's not your job to set up a lease, it's the seller's. Why should you pay for it for the seller then to go on and use it for the other flats?

    10 years ago an architect's certificate was OK for a mortgage but very few lenders now accept one so resale will be an issue. The builder can, and should, get a retrospective 10 year warranty from someone like Build Zone. It's an insurance policy and they basically just have to cough up a few grand. It shouldn't be up to you to make their property vaguely mortgageable.

    As @Prole. says you can't just List the front of a building, if it's Listed, it's all Listed and you can't change anything without consent. If it's not Listed but in a conservation area then it's only the front you can't mess with. Check on the English Heritage website as @Prole. says.

    TBH dude this development sounds a bit worryingly amateurish. Get your solicitor to check and double check everything and pay for a very detailed survey.

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