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New HTB Scheme and Estate Rent Charges
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NannyPlum89
Posts: 50 Forumite

Hi all,
We are close to exchanging on our property, however our solicitor has noticed that there are clauses relating to estate rent in the TP1 form that do not align with the new HTB scheme. After doing some research, we found this in a HTB document:
"The use of Estate Rent Charge enforcement powers under Section 121 Law of Property Act 1925 or any other express means of enforcement of the Estate Rent Charge enabling re-entry, the granting of a lease or repossession of an Eligible Dwelling will not be permitted under the Help to Buy: Equity Loan 2021 - 2023 programme under any circumstances."
Our solicitor has been chasing the builder's solicitor for over a week, and doesn't appear to be getting anywhere.
Has/Is anyone else had/having a similar issue?
Thanks
We are close to exchanging on our property, however our solicitor has noticed that there are clauses relating to estate rent in the TP1 form that do not align with the new HTB scheme. After doing some research, we found this in a HTB document:
"The use of Estate Rent Charge enforcement powers under Section 121 Law of Property Act 1925 or any other express means of enforcement of the Estate Rent Charge enabling re-entry, the granting of a lease or repossession of an Eligible Dwelling will not be permitted under the Help to Buy: Equity Loan 2021 - 2023 programme under any circumstances."
Our solicitor has been chasing the builder's solicitor for over a week, and doesn't appear to be getting anywhere.
Has/Is anyone else had/having a similar issue?
Thanks
0
Comments
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NannyPlum89 said:Hi all,
We are close to exchanging on our property, however our solicitor has noticed that there are clauses relating to estate rent in the TP1 form that do not align with the new HTB scheme. After doing some research, we found this in a HTB document:
"The use of Estate Rent Charge enforcement powers under Section 121 Law of Property Act 1925 or any other express means of enforcement of the Estate Rent Charge enabling re-entry, the granting of a lease or repossession of an Eligible Dwelling will not be permitted under the Help to Buy: Equity Loan 2021 - 2023 programme under any circumstances."
Our solicitor has been chasing the builder's solicitor for over a week, and doesn't appear to be getting anywhere.
Has/Is anyone else had/having a similar issue?
Thanks0 -
Amy32 said:NannyPlum89 said:Hi all,
We are close to exchanging on our property, however our solicitor has noticed that there are clauses relating to estate rent in the TP1 form that do not align with the new HTB scheme. After doing some research, we found this in a HTB document:
"The use of Estate Rent Charge enforcement powers under Section 121 Law of Property Act 1925 or any other express means of enforcement of the Estate Rent Charge enabling re-entry, the granting of a lease or repossession of an Eligible Dwelling will not be permitted under the Help to Buy: Equity Loan 2021 - 2023 programme under any circumstances."
Our solicitor has been chasing the builder's solicitor for over a week, and doesn't appear to be getting anywhere.
Has/Is anyone else had/having a similar issue?
Thanks
Our solicitor is saying itsonly new HTB with this clause so hopefully you won't have any further problems with it. Got my fingers crossed for you!
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NannyPlum89 said:Amy32 said:NannyPlum89 said:Hi all,
We are close to exchanging on our property, however our solicitor has noticed that there are clauses relating to estate rent in the TP1 form that do not align with the new HTB scheme. After doing some research, we found this in a HTB document:
"The use of Estate Rent Charge enforcement powers under Section 121 Law of Property Act 1925 or any other express means of enforcement of the Estate Rent Charge enabling re-entry, the granting of a lease or repossession of an Eligible Dwelling will not be permitted under the Help to Buy: Equity Loan 2021 - 2023 programme under any circumstances."
Our solicitor has been chasing the builder's solicitor for over a week, and doesn't appear to be getting anywhere.
Has/Is anyone else had/having a similar issue?
Thanks
Our solicitor is saying itsonly new HTB with this clause so hopefully you won't have any further problems with it. Got my fingers crossed for you!0 -
NannyPlum89 said:Hi all,
We are close to exchanging on our property, however our solicitor has noticed that there are clauses relating to estate rent in the TP1 form that do not align with the new HTB scheme. After doing some research, we found this in a HTB document:
"The use of Estate Rent Charge enforcement powers under Section 121 Law of Property Act 1925 or any other express means of enforcement of the Estate Rent Charge enabling re-entry, the granting of a lease or repossession of an Eligible Dwelling will not be permitted under the Help to Buy: Equity Loan 2021 - 2023 programme under any circumstances."
Our solicitor has been chasing the builder's solicitor for over a week, and doesn't appear to be getting anywhere.
Has/Is anyone else had/having a similar issue?
Thanks
I will like to know how things went with yours and how long it took for everything to be sorted.
0
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