S
Silvester
Guest
We are in the process of buying a 3 yr old house. Our solicitor has just told us when he asked the vendor's solicitor for a Structural Defects Indemnity they declined, saying that the house was built by direct labour and they didn't get one from the builder, but that they will supply Certificates of Compliance with Planning and Building regs.
Why did the owners of the house not obtain one of these from their builder - were they remiss in not doing this? Should every buyer expect to get one from their vendor? What are the ramifications of not having one?
Is this a deal breaker or a minor issue? Any advice/info appreciated.
Why did the owners of the house not obtain one of these from their builder - were they remiss in not doing this? Should every buyer expect to get one from their vendor? What are the ramifications of not having one?
Is this a deal breaker or a minor issue? Any advice/info appreciated.