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Restrictive covenants on property if the names company has been dissolved
davilown
Posts: 2,303 Forumite
As per the title, if a company (Tonrin Homes Ltd) has been dissolved, how do I go about finding who to apply to with regards to covenants about a rear extension?
or am I better off just not doing it?
Covenants we’re included on a new build in 1978, lots of the neighbours have changed their houses against all of the covenants.
thanks in advance
or am I better off just not doing it?
Covenants we’re included on a new build in 1978, lots of the neighbours have changed their houses against all of the covenants.
thanks in advance
30th June 2021 completely debt free…. Downsized, reduced working hours and living the dream.
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Comments
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The benefit of the covenants is an asset which does not cease to exist with the winding-up of the company (or on the death of an individual), but can be sold or bequeathed like any other.
Who owns it now? No idea. I bet they don't know, either. And, if they do, will they care...?2 -
Thanks - that was my thinking but I wanted to check first. If I was to look for them, do you know what would be the best way?AdrianC said:The benefit of the covenants is an asset which does not cease to exist with the winding-up of the company (or on the death of an individual), but can be sold or bequeathed like any other.
Who owns it now? No idea. I bet they don't know, either. And, if they do, will they care...?
Thanks again30th June 2021 completely debt free…. Downsized, reduced working hours and living the dream.0 -
Well, Tonrin Homes Ltd didn't even exist until 1980, so they can't have been the beneficiary of a 1978 covenant...
https://companycheck.co.uk/company/01533482/TONRIN-HOMES-LIMITED/companies-house-data
But Mark Rhodes, one of the directors, is still a director of
https://companycheck.co.uk/company/02071877/FAIRHOME-PROPERTIES-LIMITED/companies-house-data3 -
What did the neighbours do about it? If it's "nothing", and nothing bad has happened to them, then that's kinda your answer. Even if there is somebody who has the covenant, why would they care so much about your extension to invest time and money to get it taken down?1
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Not sure but will ask this evening. Thanksuser1977 said:What did the neighbours do about it? If it's "nothing", and nothing bad has happened to them, then that's kinda your answer. Even if there is somebody who has the covenant, why would they care so much about your extension to invest time and money to get it taken down?30th June 2021 completely debt free…. Downsized, reduced working hours and living the dream.0
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