I purchased an Industrial unit in 2005 in a new Industrial estate and the common areas are still not transferred.
My solicitor says there is no file in storage as the bank have the deeds.
I attended the AGM last week and was informed for the first time that this issue is outstanding and could take a serious amount of money and time to sort out.Should my solicitor have told me this before the purchase.
If I try to sell now no bank in the current climate will lend without clear title.Was it correct for my bank to lend in the circumstances?