Covenants

[Notch7]

not true at all, a huge chunk of properties have one or more restrictive covenants and they sell just fine, mortgage lenders couldn't care less.

"Mortgage lenders can in fact refuse to lend on properties where a covenant is going to negatively impact the future saleability of the property."

What is a restrictive covenant? | haart sales advice

Restrictive covenants on a property limit what you can do to it. We take a look at how they work, why you want to avoid breaching them & what to do if you have.

www.haart.co.uk

 

[biryani_boy]

they can, you're correct, but in 99% of the cases, they don't.