In an effort to save time and streamline the purchase process as much as possible, our solicitor will submit a contract to the solicitors acting for you within 48 hours of a copy of the Reservation Form being sent to them by our selling agents.

The package sent to your solicitors will contain not only the draft contract but also the draft Transfer (the legal instrument which conveys the property on completion) and a list of answers to the normal enquiries raised by purchasers’ solicitors. By receiving this comprehensive information early in the process, your solicitor should have ample time to review the legal aspects of the transaction thoroughly and advise you about signing a contract well within the Reservation Period deadline.

We find that it also saves time for us briefly to explain some of the standard clauses in our Contract and Transfer, so that the reason for them is appreciated both by you and your solicitors.

Contract

• The deposit to be paid to our solicitors on exchange of contracts is 10% of the purchase price.
• The completion arrangements are set out in detail. We undertake to provide eight clear working days notice that the property is ready. In practice however, we would always try to give you and your solicitor much more warning than this. Whilst we reserve the right to require legal completion to take place before all roads, footpaths, landscaping etc is complete, such omissions normally occur only on our larger developments and we always try to finish off roads and paths around each property as fully as possible before handing them over to the new owners

Transfer

• There is a covenant against erecting an estate agent’s for sale board outside the property for two years after purchase.
• To protect the attractive appearance of completed homes and developments, the Transfer contains a requirement not to erect a satellite dish.
• Again to protect the appearance and amenity value of completed developments, there is a covenant requiring new owners not to alter or apply for planning consent to alter the outside of the property without first obtaining consent from Rosemullion Homes on payment of an administration fee. In practice we are not normally concerned about small extensions etc at the rear of the property that cannot easily be seen. However, we would not wish to give consent to an inappropriate alteration or extension that could spoil the look of the property from the front and/or detrimentally affect the development.
• A similar covenant requires purchasers not to change the external colour of the property for at least three years after completion.
• There will be a restriction against keeping large caravans / motor homes / boats on the front driveway of a property where this could spoil the appearance of a development.
• Depending upon the development, there may be a clause limiting the height to which hedges are allowed to grow.

Note All of the covenants mentioned above are simply to ensure that Rosemullion Homes’ developments continue to look attractive after they are completed. As the character of our houses and developments is usually one of the main reasons for buying a Rosemullion home, we feel it important to provide protection against them being spoiled. Of course these covenants are enforceable not only by Rosemullion Homes but also by new owners once they move in, providing mutual benefit in keeping Rosemullion developments looking good in the long term.