Has anyone heard of this?

[1manwenttomow]

Hi, we're in the process of buying a house, it's listed as freehold and the survey also has come back as freehold but on the property information sheet the vendor has put £8 per year to...., so I asked them to check this as believed it was a freehold property and this is what the solicitor has come back with.

'that yes it's freehold but that £8 per year is for positive covenants affecting the land and the property stay with the land and bind future purchasers.

By positive covenants they have suggested that it's to ensure you do things such as insure the property but I can't see how that would be relevant and something just doesn't feel right, the covenants dated 1963 but the company its paid to didn't open until the 80s, can anyone please help and explain this to me if you have had or seen anything similar?

This is what your solicitor is there to help you with. Have you asked them about it?

@SausagePourHomme

This is what your solicitor is there to help you with. Have you asked them about it?

Yes I put in the op this is what the solicitor has come back with.

The questions you are asking should all be answered by your solicitor - that's what you're paying them for. If you still have further questions after the information they have given you you need to go back to them until you are happy/satisfied with what they have said. If they need to do more investigating than that's what you need them to do.

I don't think the explanation they have given you is particularly helpful. Probably worth having a conversation with them on the phone.

Sorry I missed it in the OP,

I've not personally heard of something like this. Does it put you off the property?

Our old house was freehold but we still had to pay 4 pounds a year on some kind if covenant. It was irritating.