Tag: overage
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A complete guide to restrictive covenants and overage
What looks like the perfect plot on which to build your own home can come with a surprise in the form of restrictive covenants and overage. Either can have serious implications for your project. You might have come across restrictive covenants when buying a house. In this case they have to be considered before making…
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Former farm buildings offer conversion opportunity but buyers warned about overage clause
An opportunity has arisen for potential buyers looking to invest in a piece of Dorset’s countryside. The former High Lea Farm buildings, located in Witchampton near Wimborne, are now up for sale via online auction with a guide price starting at £600,000. However, prospective buyers should proceed with caution as an overage clause attached to…