At the beginning of October 2011 the number of title registered by the Land Registry in England and Wales passed the 23 million mark. This however, still leaves almost 25% of England and Wales unregistered.
What is registration?
All land and property ownership in England and Wales is subject to a system of registration at the Land Registry. Land registration confers benefits and safeguards to property owners. In particular the registered title is guaranteed so that if an owner suffers loss as a result of an error in the title, compensation should be payable.
When you buy your new home your title to this will be registered at the Land Registry by your conveyancer. First registration of a title may also be required when a property is mortgaged or when ownership changes other than by a sale, i.e on death. The title is held electronically, and so there are no deeds as such. The registers are public and the price you pay for the property is shown.
If you or your family have owned your home for many years and the title is not registered, you may apply to the Land Registry to register this voluntarily.
If your title is not registered at land Registry then you need to keep your deeds safely and have to use these to ‘prove’ your title. Each individual document is important. If the deeds are lost or are incomplete in any way then this can cause difficulties, delays and expense. Registration simplifies this for you, and provides you with certainty and security.
If you register your title:
Need more information?
For more information, or to instruct us to apply to the Land Registry for the registration of your title please speak to your usual Wards contact, or email Susan Ellis on firstname.lastname@example.org.