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CASE FILE 01Realised loss

The Hidden Enforcement Notice

A buyer purchased a recently refurbished Victorian terrace with an extension that presented well at viewing.

01

Situation

A buyer purchased a recently refurbished Victorian terrace with an extension that presented well at viewing.

02

Issue

During conveyancing, the buyer's solicitor discovered an enforcement notice relating to unauthorised works on the extension.

03

Impact

The lender refused to proceed. Retrospective planning approval was uncertain, and legal costs accumulated on both sides while the issue was investigated.

04Outcome
“The buyer withdrew late, after fees were already paid by both parties.”
05

Same property, two paths

Without early intelligence

The lender refused to proceed. Retrospective planning approval was uncertain, and legal costs accumulated on both sides while the issue was investigated.

Typical fees at risk by this stage: £1,500 to £3,400.

The buyer withdrew late, after fees were already paid by both parties.

With PropM8

Early flagging of the enforcement risk could have allowed the buyer to reassess before costs were incurred, or let the seller address it before the property was even marketed.

Surfaced up front, the same issue becomes a decision made calmly, at zero cost.

The only difference between them is when the issue was found.

06

How PropM8 would have helped

Early flagging of the enforcement risk could have allowed the buyer to reassess before costs were incurred, or let the seller address it before the property was even marketed.

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