WHAT MIGHT HAPPEN IF YOU DON’T SERVE NOTICES? A failure to serve notices in good time (or at all) could result in a number of issues:
Additional costs Your neighbour may choose to engage a solicitor to write to you to encourage you to follow the law, Those costs could be passed to you. Be aware that solicitors are quite expensive.
Delays Completing the party wall process takes time. There are also prescribed notice periods for each type of notice. So if you start too late, your builder may have to pause until the process is complete.
Issues with remortgaging Lenders are now routinely asking their clients to demonstrate Party Wall Act compliance. The absence of such paperwork can lead to obstacles which can be challenging to overcome.
Issues with selling your property Recent changes to Solicitors Regulatory Authority (SRA) guidance mean that solicitors involved in conveyancing are now asking questions about the Party Wall Act related building work. The absence of such paperwork can lead to obstacles which can be challenging to overcome with side effects that can include reduced offers and potentially the sale falling through entirely. These are all easily avoided with the correct advice and action.