07 July 2015
Last updated at 13:33
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Don’t put yourself at risk of negligence claims, get up to date planning information from PSG
With new developments springing up throughout England and Wales to accommodate our growing population, it is vital that potential purchasers are given all the information available when it comes to existing and likely planning permissions that may affect the enjoyability of their new home.
As part of your due diligence processes and your duty of care to your clients, it is the conveyancers role to investigate and highlight anything that may have an adverse effect on the purchase.
In the news recently, it was reported that international law firm Bird and Bird had been ordered to pay nearly £2m in damages after it was found liable for breach of duty after failing to disclose information pertaining to the development of an academy school development in the vicinity of a £25m seven-bedroom property on which a deposit had already been paid.
In court, the judge ruled that because Bird and Bird had carried out a plan search report on the property during the conveyance which showed the planning permission, that they were under a duty to explain the results to the purchaser. In failing to do so, they were liable for legal fees and a share of the hefty £2.5m deposit when it was later discovered and the sale was aborted.
PSG offer a range of planning reports to assist the conveyancer in uncovering any existing planning permissions in the area and can also highlight land in the vicinity which may be prime for development in the future. Help to protect the future enjoyment of your clients property purchase with a planning report from PSG.
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