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Previously on "House buying - leasehold"

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  • SueEllen
    replied
    Originally posted by Nixon Williams View Post
    I think this restriction is to stop you opening a 'shop' in part of your house
    Brothel, health practice i.e. physio or any other business where you have clients who will visit the premise.

    They also don't want you to set up a workshop in the building and cause loads of noise. (Mind you if you do that in a freehold house and have neighbours expect someone from the council to come knocking.)

    They don't care if you run a clerical type business or do admin work but they don't want visitors who will annoy the neighbours and possibly cause insurance problems for them.

    Leave a comment:


  • Nixon Williams
    replied
    I think this restriction is to stop you opening a 'shop' in part of your house etc.

    I do not think you would have any problems with simply working from home, especially as you are unlikley to have streams of visitors coming to the house etc.

    Leave a comment:


  • scooby
    replied
    Ta, that was my thoughts!

    Will change MyCo address after move.

    Leave a comment:


  • MarillionFan
    replied
    Originally posted by scooby View Post
    Just had the searches back from the solicitor and on the leasehold, there is the following restriction:



    How much should i take note of this? Can they really prevent me registering my Ltd Co at a house I've purchased?

    Will be discussing with my solicitor when we sit down, but trying to work out if it's worth discussing at all!
    Wouldn't worry about it.

    Leave a comment:


  • geoff from contracta IOM
    replied
    Originally posted by scooby View Post
    Just had the searches back from the solicitor and on the leasehold, there is the following restriction:



    How much should i take note of this? Can they really prevent me registering my Ltd Co at a house I've purchased?

    Will be discussing with my solicitor when we sit down, but trying to work out if it's worth discussing at all!
    Its a standard leaseholder clause, they can't stop you doing anything before the event but they can challenge it if they are upset enough about it. I don't think you have anything to worry about working from home.

    Leave a comment:


  • scooby
    started a topic House buying - leasehold

    House buying - leasehold

    Just had the searches back from the solicitor and on the leasehold, there is the following restriction:

    Only use the property for residential purposes
    How much should i take note of this? Can they really prevent me registering my Ltd Co at a house I've purchased?

    Will be discussing with my solicitor when we sit down, but trying to work out if it's worth discussing at all!

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