Quote Originally Posted by ians View Post
What if the electrical installation is so bad that it would cost thousands if not hundreds of thousands to repair and the seller doesnt have the money to repair the electrical installation?

What if the buyer agrees to buy the property without a valid COC, because he plans on doing major alteration which will affect the entire electrical installation?
Try looking at it this way. Under normal circumstances the electrical installation is covered by a valid COC, at all times. Once the transfer takes place the COC cannot be used if it is over two years old and has to be renewed, which is not a problem as all work done has been certified along the way and regular maintenance has been taking place, which ensures continuing compliance of the entire installation.
Of course, this is in a perfect world, but if you live in places like The UK that's how it works.
Policing is the problem we have.