Covenant

In the UK property market, a covenant is a legally binding promise or restriction written into the deeds or land registry title of a property. Covenants can be either positive (requiring the property owner to do something) or restrictive (limiting what the property owner can do). These agreements are often established to maintain the character or use of a property or area, ensuring that certain standards are upheld or specific actions are prevented.

For example, a restrictive covenant might prevent a homeowner from making certain types of alterations to their property, such as adding an extension, running a business from home, or keeping certain types of pets. Conversely, a positive covenant might require the homeowner to maintain a boundary fence or contribute to the upkeep of a shared driveway.

Covenants are attached to the property, meaning they transfer with ownership when the property is sold. It is essential for buyers to understand any covenants that apply to a property they are considering purchasing, as these can significantly impact their use and enjoyment of the property.

Covenants are an important aspect of property ownership in the UK, with the potential to significantly impact how a property is used and maintained. Whether you are buying or selling a property, understanding any covenants that apply is essential to avoid potential legal issues and ensure the property meets your needs. By working with a knowledgeable solicitor during the conveyancing process, you can navigate the complexities of covenants and make informed decisions about your property.