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Council imposed restrictive covenants from 1983
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They probably did, but it's a very common condition and not the sort of thing which normally causes a problem. I get the impression the nature of the neighbourhood has changed since they bought.Weathergirl_76 said:Surely your conveyancer at the time would have had to inform you? Have you still got your paperwork from when you purchased the property?0 -
Can you really not sell, or just not sell at as high a price? In university cities I know, places in some areas will sell for a higher price as HMOs (due to high return), but they will sell to owner occupiers for a lower price.
You can appeal to the council to allow this to be rented as an HMO (the result may depend on their policy for the area) or just sell at a lower price - either to an investor who'll take a chance on fighting the council, or an owner occupier.0 -
Are you sure the potential buyer has actually approached the correct part of the Council and been declined? It is difficult in dealing with Councils just to find the correct person with the authority to release such a covenant. Even if they did find the correct person there is always some sort of appeal process.I would be inclined to begin again yourself and/or your solicitor to request the covenant to be released and see how far you can get. The local press may even be interested if you really are a lone resident in student-land being denied a sale by council bureaucrats.0
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It doesn't prohibit it from being let, just not as an HMO.letsbetfair said:Can you really not sell, or just not sell at as high a price? In university cities I know, places in some areas will sell for a higher price as HMOs (due to high return), but they will sell to owner occupiers for a lower price.
You can appeal to the council to allow this to be rented as an HMO (the result may depend on their policy for the area) or just sell at a lower price - either to an investor who'll take a chance on fighting the council, or an owner occupier.0
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