Fridaysmove handled the Conveyancing of a freehold, semi-detached house in Tamworth, purchased by Mr and Mrs P. The property was located at Austrey Road in Tamworth and valued at approximately £250,000. There were several restrictions registered to the property as set out in the Conveyancing documentation that was obtained from the land registry, dating back to 1959. It was crucial that Fridaysmove ’s Conveyancer, Serina Abay, check with the registered proprietors' Conveyancing Solicitor, Dixon Law, to ensure that all of the aforementioned restrictions had been met. Additional Conveyancing enquiries were served within the same day of receiving sale documentation.
The land registry office copies supplied also revealed that the proprietors’ Tamworth Solicitor had owned the residence for less than five years and according to the Insolvency Act 1986, the courts are able to set aside any transfer at undervalue if the donor of the gift of the property subsequently becomes bankrupt, or in the case of a Limited Company, if it goes into liquidation. It is important that Conveyancing Solicitors are sensitive to such circumstances as it could result in significant negative consequences for the purchaser, such as a court order requiring the buyer to transfer the property back.
The handling Conveyancer also discovered planning permissions affecting this property in relation to a first floor extension which was approved with conditions. The erection of the garage and breakfast room extension was approved with condition over 10 years. The local authority for this home is the Tamworth District Council.
The estate agent was the Taylor Cole Branch covering Tamworth and located at 6A Victoria Road, Tamworth, Staffordshire B79 7HL
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