Property code violation- how to proceed?
How should you proceed if you find a significant violation of rules related to basement conversions London in a property that you intend to purchase or recommend to a friend by acting as an agent? Some persons believe that these issues should be dealt with a very firm hand and that complaints should be made to the authorities to ensure that these mistakes are rectified and the persons committing the offense are punished.
Well, this may sound very nice and moral but there is no guarantee that you will gain in any manner by adopting this approach. If you are trying to purchase the property, then the seller will just not interested in encouraging a person who has caused such a significant loss. If you are time to act as the agent, then your client is probably going to get very upset at the fact that you have a spoiled a potential good deal. In such a scenario, it is advisable to adopt a sensible and balanced approach.
Find out how common this offense is in the property market. If the conversion has been done in a safe and secure manner and does not pose a security risk, then you can proceed further without feeling guilty about it. On the other hand, if there is a possibility of a serious health hazard arising out of the decision taken to convert the basement, then ignoring the deal is the best way out.
Of course, the path of least resistance is to completely ignore the property and search for some other option that helps you enjoy a good deal. However, things can become very difficult if you get access to such basements that have been converted. What should you do? Should you go ahead and purchase the property? What if the violation is informed to the authorities at a later date? Well, this is a risk you should take and is a decision that only you can take after analyzing the pros and cons.
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