|Losing the plot|
Voluntary Registration of Land
Currently just over 65% of property in England and Wales is registered with the Land Registry
Although registration is not compulsory until land is sold or mortgaged when you do come to sell the process of selling land that has been registered is much simpler and reduces the risk of the sale or purchase not proceeding.
With unregistered land you have to rely on the title deeds to illustrate a history of ownership and rights attached to property. If there is something missing in the title you may not be able to proceed very quickly until the gap has been filled.
In contrast once land is registered title and all rights have been proven and are recorded as a matter of public record at the Land Registry.
There are advantages and disadvantages to applying for voluntary registration. If you do not it simply puts of the evil day. When you decide to sell and find you have a problem your purchaser might try to take advantage by reducing the price.
If you would like to discuss voluntary registration our specialists at Hart Brown will be able to explain the process, likely cost and advantages and disadvantages to you.