We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
<b>PLEASE READ BEFORE POSTING</b>: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 <b>Have you signed up to the Forum's <a href="https://forums.moneysavingexpert.com/discussion/6612556/new-feature-get-sent-trending-forum-threads-by-email?utm_source=banner">new Email Digest</a> yet? </b>Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Restrictive Covenants on a Non-New Build House
Comments
-
The covenants in a property sold in 2014 are going to be almost identical to those for a property sold in 2022 - the fact it's "non-newbuild" only changes the likelihood of them being enforced.0
-
True, it's only been 8x years. My query on this is it is likely that these covenants may only be in place for a short duration whilst the rest of the estate is sold, then when the developers have gone it's down to the freeholder to do as they please?user1977 said:The covenants in a property sold in 2014 are going to be almost identical to those for a property sold in 2022 - the fact it's "non-newbuild" only changes the likelihood of them being enforced.0 -
Pointless speculating till you see the 2014 Transfer in question. Then come back and quote.That will list the covenants as well as well as whether they are time-limited(unlikely).You can apply to the LR for a copy by post for £7.1
-
They remain on the title, they may potentially be enforeable, but it becomes less likely as time goes on.maton91 said:
True, it's only been 8x years. My query on this is it is likely that these covenants may only be in place for a short duration whilst the rest of the estate is sold, then when the developers have gone it's down to the freeholder to do as they please?user1977 said:The covenants in a property sold in 2014 are going to be almost identical to those for a property sold in 2022 - the fact it's "non-newbuild" only changes the likelihood of them being enforced.
But I wouldn't get excited about them in any event.2 -
I know not all developments are the same but our house was built in 2014 too. It was a David Wilson Home and the restrictive covenants were only for a period of 5 years1
-
Why do you say unlikely? In my experience almost all covenants on new builds are time limited, why would the developers care whether you keep chickens, a caravan etc 10 years after they packed up and left site…canaldumidi said:Pointless speculating till you see the 2014 Transfer in question. Then come back and quote.That will list the covenants as well as well as whether they are time-limited(unlikely).You can apply to the LR for a copy by post for £7.0 -
It's very common for them not to have any explicit time limit, hence the numerous queries here on previous threads from people wondering whether they ought to worry about them being enforced.AFF8879 said:
Why do you say unlikely? In my experience almost all covenants on new builds are time limited, why would the developers care whether you keep chickens, a caravan etc 10 years after they packed up and left site…canaldumidi said:Pointless speculating till you see the 2014 Transfer in question. Then come back and quote.That will list the covenants as well as well as whether they are time-limited(unlikely).You can apply to the LR for a copy by post for £7.3 -
No point in guessing, some towns even have schemes of management where you can't cut down a tree, can't change window styles, 50% frontage must be garden, there are all sorts of restrictions, just wait for the answer.maton91 said:I am awaiting this copy from my solicitor but in lieu of that, what are typical examples that would be listed?
0 -
AFF8879 said:
Why do you say unlikely? In my experience almost all covenants on new builds are time limited, why would the developers care whether you keep chickens, a caravan etc 10 years after they packed up and left site…canaldumidi said:Pointless speculating till you see the 2014 Transfer in question. Then come back and quote.That will list the covenants as well as well as whether they are time-limited(unlikely).You can apply to the LR for a copy by post for £7.Well our experience differs!As you say Developers dpn't tend to care longterm but can't be bothered to time-limit the covenants, partly because of the extra legal work involved (which has no benefit to them) and also because of the uncertainty of development / sales timescales at the point the covenants are drawn up.But so far as the OP is concerned it's irrelevant. Either his covenant is time limited or it isn't, so until he reads and quotes it here the discussion is just an inconclusive intellectual excercise!1 -
Your experience matches my experience. And having been involved in getting covenants included from a local authority perspective, we never made them time-limited.canaldumidi said:AFF8879 said:
Why do you say unlikely? In my experience almost all covenants on new builds are time limited, why would the developers care whether you keep chickens, a caravan etc 10 years after they packed up and left site…canaldumidi said:Pointless speculating till you see the 2014 Transfer in question. Then come back and quote.That will list the covenants as well as well as whether they are time-limited(unlikely).You can apply to the LR for a copy by post for £7.Well our experience differs!
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.8K Banking & Borrowing
- 254.9K Reduce Debt & Boost Income
- 456.2K Spending & Discounts
- 248.3K Work, Benefits & Business
- 605.9K Mortgages, Homes & Bills
- 179K Life & Family
- 263.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards
