• Share Ownership

    By Guest on 01st Dec 2015

    Hello all. i'm in desperate need of some advice. i've made an error in going with the free solicitor the bank offers when taking out a mortgage as they are absolutely terrible. my question is as follows.
    i currently hold 50% share in a property. i wish to purchase an additional 50% which will make a sole owner of the property. the land registry TP1 form which i am meant to sign has covenants that restrict me to make an alterations or erections without the prior approval of the transferor. why do i need their permission when they wont have an stake in my property?

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