Monday, October 7, 2019

When a Freehold not worth the paper the paper it is written on







When is a ‘Freehold’ effectively not worth the paper it’s
written on and is more like a leasehold?
By Charles Kelly, Property Solutions Investor, Author of
Yes, Money Can Buy You Happiness and creator of Money Tips Podcast
Buyers of new build houses may be shocked to find that their
freehold contains up to a dozen restrictive covenants, including what they can
do to their own house.
Word of the Day
Covenant
A legally binding agreement to pay a sum of money on agreed dates
to a company or charity.
Other articles at www.moneytipsdaily.com
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