Warning Over Soaring Legal Costs for Flats

The HeraldJune 25, 2004

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Summary


LAWYERS have warned that conveyancing costs for flats will soar because of Scottish Executive plans to change the law on tenements.

Legal experts and insurers believe the Tenements (Scotland) Bill going through the Scottish Parliament could cost buyers hundreds of pounds more.

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Warning Over Soaring Legal Costs for Flats

This is due to the additional insurance required to cover the risks involved in a loophole which means unpaid bills will not be disclosed at the sale.

Ch...

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