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The seller cannot sell the property to a purchaser who intends to occupy the property as his, her or their only or principal home

Now all properties to be auctioned has this clause, what does that mean? The seller cannot sell the property to a purchaser who intends to occupy the property as his, her or their only or principal home.

Asked on Jun 6 2010, General in London | Report content

Answers (1)

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  • Not all auction properties have this clause, There are many properties that can only be used as a holiday home and not for permanent residency, such as a static home, or some timber framed chalets, This has implications with council tax and Maintance issues. I hope this helps

    Answered on Jun 7 2010, Report content

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