More than 30 per cent of land in England and Wales is still owned by people who have their ownership recorded by a multitude of historical deeds that they may store privately, potentially exposing them to the risk of theft, destruction or loss.
The remaining 70 per cent of land belongs to people who have 'registered' their deeds with the Land Registry, and which have now been replaced by computerised records held centrally at the Land Registry, and whose records and the accuracy of which are guaranteed by the Government.
Unregistered land is gradually being replaced by registration, as it is now compulsory to register land if it is sold, transferred into different names, leased (for over 7 years) or mortgaged. However, Voluntary Registration has numerous benefits:
So keen are the Land Registry to encourage people to register their property that they offer a reduced fee for Voluntary Registrations.
If this would be of interest then the Land Registry charge a fee based on the value of the property:
| 50,001 - 80,000 |
£60 |
| 80,001 - 100,000 |
£100 |
| 100,001 - 200,000 |
£150 |
| 200,001 - 500,000 |
£210 |
| 500,001 - 1,000,000 |
£410 |
| 1,000,001 and over |
£690 |
Our charges for advising and arranging the Registration will be agreed at the start, but are typically £250 plus VAT.
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I was very impressed with their ability to deal with all our requirements, understanding house sales & purchases and inheritance tax planning and Wills."- Mr Whitemore
We pride ourselves on giving you excellent customer service but why else should you use Trethowans for your conveyancing?