2007-03-23 02:14:55 · 7 answers · asked by Sunster Boy 1 in Business & Finance ➔ Renting & Real Estate
I once sold a house on an unadopted road. it did cause slight delays and problems, but went through in the end.
The major concern is how will the upkeep of the road be managed in the future, and prospective costs for this can put off some purchasers. However the solicitors involved in the sale will discuss this between themselves, and their clients, and it ought not to be too much of a hinderance. At the end of the day, if your buyers want the house enough they will "put up with" this small snag.
2007-03-23 02:28:45 · answer #1 · answered by catfish 4 · 0⤊ 0⤋
It shouldnt do.
Do you have a guaranteed right of access on the road? If you dont that might make things tricky.
Who is responsible for the repairs to the road? If you have to contribute your buyers might have to consider costs.
It will only sto pan exchange of contracts if the buyers arnt completly sure that its the house for them - if they love it then they will consider that they can find a way round any problems,
2007-03-23 09:24:21 · answer #2 · answered by whycantigetagoodnickname 7 · 0⤊ 0⤋
If I was the buyers solicitor I'd certainly want to find out what future costs could be attached to buying the house if the road needs replacing (it runs to tens of thousands).
2007-03-23 09:20:34 · answer #3 · answered by chillipope 7 · 0⤊ 0⤋
It's up to the buyer to determine whether this is acceptable to them. If it isn't, they may well decide not to exchange. Keep them informed because if they buy without this information, they may well take you to court if it turns out they did not want to buy.
2007-03-25 09:28:52 · answer #4 · answered by Penfold 6 · 0⤊ 0⤋
No its upto the people that are buying your house whether they mind or not, it just means the council arent responsible for your road and anything on it .eg lighting, pot holes etc.
2007-03-23 09:23:57 · answer #5 · answered by bez 4 · 0⤊ 0⤋
No. Make sure that the purchaser's solicitor is informed.
2007-03-23 09:20:45 · answer #6 · answered by BRIAN S 3 · 0⤊ 0⤋
no but you must tell the prospective buyer
2007-03-23 09:29:56 · answer #7 · answered by Anonymous · 0⤊ 0⤋