We are in the middle of conveyancing for a property that has a flying freehold around 15% of the property. When viewing and during survey, it was evident. However, there is no mention of that in the deeds or on land registry. We have raised enquiries over 2 weeks ago about this but the vendors aren't coming back to us. I have chased the estate agents everyday and they have told me that the replies are with the vendor's solicitors.
I am wondering, are the vendors using delay tactics so that we don't have time to look into the deeds before the end of Stamp duty( we cant afford to purchase this property with stamp duty as the renovations are going to cost us a a lot and the seller didn't reduce the price)?
And will it be strange if I call the vendor's solicitors and ask what is the hold up?(Im thinking it will be)
I'm getting really concerned as we are only 6 weeks away from completion and the rate the seller's solicitors are working, we wont finish.
If anyone can shed light onto how serious the flying freehold issue is and how best to push the vendors? The estate agents are giving us minimal information.
Thanks