hi thanks for the reply...
the house is a one off developers house in a fairly rural area - though there is a good few other half built houses not far away.
the clause is crazy restrictive and in speaking to the planning office in galway co council they say it is in place and there is no lifting it. given the state of the market i cant understand why planning would want to put off 1st time buyers with such restrictions. our solicitor has also spoken to the council and gotten the same reply ...
grrr
Sarah,
Is this the done thing in your area now in terms of one-off development?
I don' mean this as a bash-the-council comment, I just want to find out what the story is.
Because I fail to understand how the developer can be selling the house.
Surely HE is the one who has to live in it or find a buyer with the stringent requirements you listed above.
Is it that you meet one of those requirements yourself?
I don't think there is case law challenging the conditioning of these onerous requirements yet - but I'm not an expert in the law, so there may be.
I think you are right to be concerned, but I've just heard a woman on the Late Late show saying she bought her house for over €200K and down the road a builder is selling new houses for under €90K.
Surely you have alternative choices available to you that would allow you to walk away from this restrictive deal?
<I know that wasn't what you asked, but its the kind of tough love that's sometimes offered here
>
Its a buyers market - if it doesn't suit, find another house.
HTH
ONQ.