Equestrian Tied Property (E.O.C)
The sale of a property with an Equestrian Occupancy Condition, or Equestrian tie should be handled by an agent who fully understands the implications of such a condition and how this may effect a purchaser’s enjoyment of the property.
Many purchasers can be spooked by the restriction however as equestrian specialists, we are well placed to advise and reassure prospective purchasers.
We can also help avoid costly abortive sales where purchasers don’t comply, recognising this at the outset before it gets to the solicitor stage.
Our strong relationship with IFA’s is also essential in placing purchasers with lenders who are prepared to lend on such properties, whilst many of the high street banks will not.
If you are think of offering your Equestrian tied property for sale, speak to the team today.