Last week we had to pull out of the sale of our tiny house!
After the local searches were completed our solicitor informed us that they could not find any building regulation paperwork for the two bedrooms in the loft which, in legal terms, means they were not considered habitual. The children were going to sleep in the loft bedrooms and, without any sort of paperwork, our main concerns were safe escape from fire and whether or not the loft conversion had been built with the correct structural strength and insulation.
We were advised that, without the correct building regulation paperwork, re-sale of the property would be difficult as the tiny house would be considered a one bedroom property, not a three bedroom property as it had been marketed. This could have a significant impact on the value of the property if we needed to re-sell the house in the future.
So, three months after we put the offer in on the tiny house, we've had to walk away and the contracts have been returned to the seller. We have lost money but I am grateful we had good solicitors who found this out before we actually exhanged contracts and completed the sale and the cottage became our home.