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Should I Buy house with breach of restrictive covenant?
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If I purchase this house get the indemnity policy, will this breach of covenant affect saleability in the future though?0
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It depends entirely on the buyer's attitude... Some buyers might well be nervous ninnies who run screaming. Others might have a sensible dose of common sense and reality. You only need one.duncan44444 wrote: »If I purchase this house get the indemnity policy, will this breach of covenant affect saleability in the future though?0 -
If all you encounter are potential buyers who think that a 1980s developer might crawl out of the woodwork (or rise from the dead) and demand that you change your dining room back into a garage, and aren't placated by the fact you've already got insurance against that very risk - then yes.duncan44444 wrote: »If I purchase this house get the indemnity policy, will this breach of covenant affect saleability in the future though?
Realistically, no, it's a trivial point.0 -
SmashedAvacado wrote: »3 issues
1. Planning
2. Building regs
3. The RC
Council involved in 1 and 2. Some other owner involved in 3. Who has the benefit of the RC?
4. Mortgage0
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