Conversions from Commercial to Residential - A Conveyancer’s Guide
Introduction
The relaxation of the planning laws is presenting residential conveyancers with unfamiliar issues when acting for a buyer who is purchasing a flat or dwelling in a property that was formerly a commercial building, such as a pub or an office.
Conveyancers also need to be aware of the changes to Use Classes. At all times, conveyancers should be aware of any limits on their own knowledge and should consider whether the transaction is one which they are able to deal with.
What You Will Learn
This live and interactive session will cover the following:
- How do you find out the former use of the building?
- What planning documents should you expect?
- What additional enquiries should you raise?
- What are the lender’s requirements?
- Do you need a new build warranty?
- At what point does it become a commercial matter?
- Should you scope your retainer?
Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.