To Conveyance or not, that is the question...

[Mulberry View]

Gawd, we thought this bit would be straight-forward. So, in essence, here's what we're doing.

 

The 'simple' version... (I'll cover the not-so-simple version afterwards)

 

My Uncle has inherited the property that his late Mother (my Grandmother) lived in. He wants to split away a plot, which I want to buy.

 

Fairly soon, we'll have a Topographical Survey, showing a mutually agreeable division, resulting in a set of land-registry compliant plans, sale price agreed and all amicable. It's essentially a cash purchase from our side.

 

I assume it's not as simple as it sounds though, do we need a solicitor to provide a conveyancing service?

 

[Jilly]

Do you want to put covenants on the land? I think in that case it would be best to use a solicitor, for the avoidance of doubt.

 

[Mulberry View]

Just now, Jilly said:

Do you want to put covenants on the land? I think in that case it would be best to use a solicitor, for the avoidance of doubt.

 

 

Thanks for your reply. What sort of thing would be expected in a covenant?

[Jilly]

It's usually to have influence or gain payment for further development. People do it if the plot is sizeable and would fit a housing estate to hedge their bets against the uplift in value, or to preserve their outlook.

 

 

Edited November 29, 2019 by Jilly