Property News · July 9, 2016

Don't count your chickens … how restrictive covenants affect homebuyers


From building on your land to keeping chickens or even hanging out the washing, some clauses could leave you out of pocket if breachedYou’ve paid your deposit, sorted out your mortgage and moved in – it’s now your home to do what you want with. Or is it? Buried in the small print of the title deeds or lease could be a list of things you are not allowed to do and it could include anything from building another property on your land to keeping chickens.These clauses are known as “restrictive covenants”; breaching one can be an expensive mistake, so it pays to know if your property has any and, if necessary, protect yourself from any fallout. Continue reading…

Source : theguardian.com
Read more…Don’t count your chickens … how restrictive covenants affect homebuyers

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