Ready to exchange contracts - local searches just came back and show that the loft conversion can’t be classed a bedroom
So I’m 4 months into this house purchase, just found this out and it’s sent me into stress mode. The main issue is the property was previously a 3 bedroom, then they got a loft conversion 18 years ago with a staircase and dormer structure while merging two of the bedrooms downstairs into one to make a bigger bedroom. The trouble is as they don’t have planning for the loft conversion meaning the property can now only be classed as a two bedroom. The property was listed as a 3 bedroom with a price reflecting that. I spoke with my surveyor and he has told me I’ve been misled and that I should try to negotiate a lower price. I’ve tried and the seller won’t budge at all. The house needs a fair amount of work and I feel like it’s no longer worth it. Really tempted to pull out but not sure it’s the right choice
Edit
An indemnity policy and statement of truth has been offered but that still doesn’t change the fact it was incorrectly listed as a 3 bedroom instead of a 2.
The seller claimed he had a completion certificate after having building control come and check it over but can’t find it and unable to obtain a new one.
The surveyor also thinks he’s lying, the seller said he didn’t need planning permission for the works but the surveyor says this is highly unlikely