Need help/advice as haven't come across this situation before and been going mad waiting for call from my solicitor! Have exchanged on a property but not yet completed (new build/conversion). Paid the typical 10% on exchange (back in Nov), house was due to complete in March. We are cash buyers so no mortgage lender to satisfy (may be relevant). House is small terraced house which comes with an allocated parking space and a garage (not attached to the house - elsewhere on the development). Just found out that someone (on vendor's side) appears to have made an error and they have emailed my solicitor to say that garage should be leasehold not freehold and will therefore be on a separate title deed and come with rent/service charge. CAN THEY DO THIS POST-EXCHANGE? We have signed contracts for one 'property' inc garage and it all says 'freehold' on paperwork. They haven't yet built the garage but there's going to be 3 in a row with a coach house on top which is why they've decided it needs to be leasehold. I wouldn't have bought leasehold (never have before) and am not happy to pay any rent/fees, particularly as this will lower the overall value of my property as far as I'm concerned. I don't know my options post-exchange though. Anyone any ideas??
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