Moneyextra.com
- Our Online Buys
- Get a Loan
- Get a Credit Card
- Get a Mortgage
- Cheap Car Insurance
- About Us
- Contact Us
- My Portfolio
-
Money News
- Finance Features
- News Feeds
- Guides
- Dictionary
Restrictive Covenant
Additional Services
- Conveyancing - get a competitive online quote
- Credit Reports - how credit worthy are you?
- Home Insurance - great buildings & contents cover
A restrictive covenant is an obligation that may be imposed on the owner of a freehold property in the deeds to that property.
Restrictive covenants are also likely to be included if your property is leasehold. . Such clauses will prevent certain actions such as running a business or building an extension. You may even be restrained from erecting a TV aerial!
The person doing your conveyancing, usually a solicitor will inform you of any restrictions before you exchange contracts and complete your purchase.
See also: Mortgage Centre and Mortgage comparison Service for the latest facts and figures.
Last Updated: May 2007 © Moneyextra.com
MoneyExtra.com recommends you should consider taking independent financial advice before acting on any article. Please contact us for help with your individual circumstances if any assistance is required.