Covenant on House - Expensive extras added at last minute?

moneyistooshorttomention

Then according to that - I got my calculator out and it came to £10.13 per house per year.

glasgowdan

Read my previous reply. The charges the OP describes don't just relate to this patch of garden...there will be much more to it that they are not aware of. Larger areas elsewhere.

AnotherJoe

Tell your solicitor to strike those clauses and send the contract back. They may not notice.

Money_saving_maniac

D_M_E wrote: »

79 houses each paying £120 - that's £9480 per year.

How are they cutting the grass? With a pair of scissors?

With the sharp edges of all those £20 notes they are rolling in!

moneyistooshorttomention

Actually - in your position it wouldnt just be an unexpected bill (and for unwarrantedly high amount) that would be bothering me about this house.

I would also be all too well aware that:
a. I would be regularly monitoring just how much work this company was doing for all that money - to try and make them give "money's worth" for what they were charging. That's the difference between some Council grass - which you "leave to it" and the Council cut it when they cut it and you don't bother yourself just how often it is (or isnt) basically. If you're paying = you're saying. I would soon get weary of doing that monitoring of "value for money" (but would still be doing it....).

b. I would soon get fed-up with the attitudes of any of the neighbours that were just "shrugging their shoulders" and letting this company get away with these exorbitant charges/darn all work for their money and wouldnt be very happy about that either.

Much the better for grass to be "Council grass" and then you can just "shrug your shoulders" and not have to concern yourselves and/or get annoyed with "couldnt care less" neighbours.

Add those two factors to this unexpected bill (which could be subject to high "inflation rises") and I wouldnt want to know about the house myself...

glasgowdan

AnotherJoe wrote: »

Tell your solicitor to strike those clauses and send the contract back. They may not notice.

That's a waste of time. The contract is between buyer and seller. They'd still be liable for the agreement with the management agent.

tlc678910

This sounds like a swizz but, if I'm honest, if I had found a house I loved and had committed thousands in surveys, solicitors and mortgage fees I would just pay up. Still risky, I admit, as costs could go up and future buyers won't like it (like you don't) but hopefully it will be a drop in the house buying ocean.

If you were able to find any ways to get the value for money of the contractors reviewed as a home owner you could look into that.

Tlc

moneyistooshorttomention

tlc678910 wrote: »

If you were able to find any ways to get the value for money of the contractors reviewed as a home owner you could look into that.

Tlc

Absolutely.

This is certainly the way things are going in various contexts in our Society.

To take one (unrelated) example - my generation of people went to University with grants and without any fees to pay and without resources being "spread so thinly" as nowadays.

Fast forward to 21st century - fees and loans and more "thinly spread" resources and it was obvious today's students were going to start demanding "value for money" for what it costs them to get a degree these days. It's a trend I see as spreading outwards into a variety of "fields" from that...

AnotherJoe

glasgowdan wrote: »

That's a waste of time. The contract is between buyer and seller. They'd still be liable for the agreement with the management agent.

These clauses signing them up to this are in the contract. If they are removed from the contract, they aren't liable for the charges.