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When Is A ‘Freehold’ Not Worth The Paper It’s Written On And Is More Like A Leasehold?
Description
By Charles Kelly, Property Solutions Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast
In this episode:
Buyers of new build houses may be shocked to find that their freehold contains up to a dozen restrictive covenants, including needing to ask for permission carry out work on 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.
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