Section 106 Unilateral Undertaking –
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How to add a Section 106 Unilateral Undertaking on your property
By following these simple steps, it is easy for the owner of any property within the Lake District National Park to protect their property from ever becoming a second home, a holiday let or an Airbnb rental in perpetuity:
- Email [email protected] to obtain a free template for the Section 106 Unilateral Undertaking together with some simple instructions
- Talk to your solicitor and ask them about the pros and cons of placing this Section 106 Unilateral Undertaking on your property (Temple Heelis did the work for the Lakeland Housing Trust)
- Your solicitor will ask you to sign a simple acknowledgement letter to show you have understood the implications of the process.
- Your solicitor will complete the template and register it as a “restriction” with the Land Registry against the title for your property.
- Your solicitor will contact the Lake District National Park Authority and ask them to place a Land Charge against your property. The Lake District National Park Authority, who police the obligation, will request that your local authority (the registration authority) add the property to their register of Land Charges.
- Sit back and relax in the knowledge your property will be used for local occupancy in perpetuity.
- Your solicitor’s fees
- A fee for registering the restriction on your property with the Land Registry (£20)
- A fee for the LDNPA to police the restriction and arrange for your Local Authority to place a Land Charge on your property (£400)