RX1 Existing Covenant Boost
Your Lifetime Asset value is now at risk whilst the C2 Business next door property price instantly rises as a Commercial Property.
Product aimed at 3 - 6 Bedroom homes who are most at risk but please note Councils are now using permitted development certificates for terrace homes and tenant Care Homes. All England MUST now be concerned at the erosion of C3 Residential areas into mixed Use Classes.
Price per home in your agreed protection cluster - We will add No Class 2 and no C4 Use whatsover.
We are worried that existing Covenants have been eroded in strength over time and by new emerging privatisation policy.
C2 for profit Care is already now widespread and going over existing dwelling house and no business restrictions.
C4 use class is a planning use class for small houses shared by up to six unrelated people. These houses are known as "houses in multiple occupation"
Price is for 1 premises but this product is an Estate Cluster product to provide effective protection of your asset. Get your neighbours on board with your Amenity protections.
Example restriction to be added
"Restrictions running with this land, for a period of 80 years from this date of 14th March 2025,- to use the premises as a private C3 use class dwellinghouse and not to carry on any business, non resident employee workplace or trade thereon, and for the avoidance of doubt, the use of the premises for the business of a care home or small HMO, including under classes C2 (incl. C2A), C3 or C4 of the Schedule to the Town and Country Planning (Use Classes) Order 1987 (as amended), shall be deemed a clear breach of this restriction."
Covenant Boost
We will add a neighbourhood Covenant restriction boost at the Land Registry. Note you will need to get surrounding neighbours in a cluster to make this fully effective so they are protected from your property and you from them
✽ Home Amenity/Value protection
- Covenant restriction boost £225 These only work with like minded neighbours that want to exclude private profit C2 and any C4 Use whatsoever. once completed any neighbour would need to go to the Land Registry to create the restriction to make it future proof and in support of Authors original intention.
- The product is designed to make a neighbourhood be able to force a T379 request at the land registry at a cost of around £1700 before Legal Costs of the attempting breaching Party. If they do not go and this restriction is in place we can help with the Action / Remedy process.
- You would be written to by the Land Registry should anyone in the Cluster attempt to remove the Restriction.
✽ Boost Notes
- You need a neighbour cluster for this product Each property £225 Minimum cluster 2 properties.
We will point you to the correct forms if you want to do this yourself.