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Jun 28 2017

ISSUES THAT CAN IMPACT ON THE VALUE OF A HOME

Kath Simpson

Our homes are our most significant asset but from a property solicitor’s point of view when it comes to buying or selling, the value of a property depends on far more than its size, condition and location.

Most of us will be familiar with the searches that solicitors carry out once they are instructed by a buyer but not everyone will be aware of how import-ant they are or some of the pitfalls that can arise.

A property can be in prime condition and yet be sub-ject to some very knotty legal issues. Here are five examples of issues that we do encounter:

Right of Access

It is not uncommon to find strips of land that are not accounted for in titles and that can mean that you may not have express legal right over this land to gain access to your property or on the other hand neighbours may have a right of…