I am buying a freehold house with two parking spaces. One is under a coach house so I'm getting a 999 years lease for that.
My solicitor affirms we cannot proceed with the purchase because the builder has pre-registered the lease on their name so won't be able to provide the title until the registration is complete (likely to take months).
According to the seller this is the standard procedure and they have sold "hundreds of houses like that".
Who is right?