Just checked Land Registry and my house is back in my name :-)

IF

Hello Chris, I soooo love good news on here especially when the underdog triumphs!!!:j
I'm so pleased for you x;)

SailorSam

Treadway 1, i'm a terrible hoarder i don't throw anything away and i've dug out my old paperwork but don't think i can help. I bought / sold in June 1981, i think they must have change the forms since then 'cos i haven't got any of that number.
Good luck hope you sort it.

Darnit_2

I didnt realise I had to do any more than just pay the fee to the OR, so thanks for that! I was about to try and find out, since my letter (received on Saturday) from TLT does say to get legal advice. This should definitely be sticky.

hopefulfooluk

Treadway1 wrote: »

Hopefulfool,

This is great as believe it or not I am in 100% the same situation right now and was actually wondering if I should save myself the headache and get a solicitor to do all this for me but your info gives me hope that I dont need to.

One question though, Ive received all the documentation from TLT soicitors to say that my payment has been accepted and that the OR has relinquished all rights to the property but my Bankrupt ex is still on the LR deed. Ive contacted LR who stated that I would have to complete a TR1 (fair enough) but also that both my ex and I would also have to complete an ID1 form each as the process wasnt being overseen by a conveyancer. Are you saying that you simply sent them the TR1 along with the confirmation from TLT/OR saying that you had purchased the BI and that you didnt have to complete an ID1?

To be honest, if that is the case that would help me loads as the split from my ex wasnt exactly amicable and I cant see her agreeing to sign anything.

Id really appreciate any advice you may be able to give on this, if you have the time. You can PM me if you'd prefer. Thanks in advance.

Treaders

P.S. Congratulations on getting this sorted for yourself. I know how much Im looking forward to having the house in my name alone so can only imagine how happy you are right now. :j

Thanks Treaders It's a good feeling when it finally goes through!

With regards to the ID1, no I didn't have to send one in. There was a section on the TR1 that went on about ID but I just left that blank as it was only for completion by a conveyancer, which I am not. Have a word with the LR bankruptcy department (phone number is on the TR1 form I think) as they will be able to tell you more accurately - I think the ID1 is more important if there is a change in the charges registered against the property but since the charges remain unaffected, there's less cause to require one.

I guess if you send it off with all the other bits I've listed but without an ID1, the worst they can say is they need the ID1 too - if not, then you won't have to worry

hopefulfooluk

philnicandamy wrote: »

life a little flat at the minute.....but working on it

Baby's been here 8wks now! :eek:

Hope things get better for you soon mate - fingers crossed the little one's not keeping you up all hours!

Treadway1

hopefulfooluk wrote: »

Thanks Treaders It's a good feeling when it finally goes through!

With regards to the ID1, no I didn't have to send one in. There was a section on the TR1 that went on about ID but I just left that blank as it was only for completion by a conveyancer, which I am not. Have a word with the LR bankruptcy department (phone number is on the TR1 form I think) as they will be able to tell you more accurately - I think the ID1 is more important if there is a change in the charges registered against the property but since the charges remain unaffected, there's less cause to require one.

I guess if you send it off with all the other bits I've listed but without an ID1, the worst they can say is they need the ID1 too - if not, then you won't have to worry

Fantastic, thanks again. I have phoned the LR a few times but have simply spoken to whoever answered the phone and they have always said I need an ID1. Never thought to ask for a bankruptcy team, so heopfully they may be a little better informed (here's hoping). Fingers crossed.

Congratulations again.

Ava8

Hi Hopeful, may i just ask how long did this take? I hand in my papers in 12 days time (in Belfast - so wonder if the process is the same) did you get to buy your BI right away or did it take a while? Any advice is appreciated. My head is in a spin at the minute. My house is valued at about 173k and my mortgage (joint) is for 174,500k. What do you think???

hopefulfooluk

Ava8 wrote: »

Hi Hopeful, may i just ask how long did this take? I hand in my papers in 12 days time (in Belfast - so wonder if the process is the same) did you get to buy your BI right away or did it take a while? Any advice is appreciated. My head is in a spin at the minute. My house is valued at about 173k and my mortgage (joint) is for 174,500k. What do you think???

When I had the interview with my OR she mentioned it was a possibility and that it would be dealt with in due course. I got early discharge after just under six months, and the day after my ED letter came through, I had a letter from my OR asking if I was interested in buying the BI for my property and if so, to send in a current valuation and a mortgage redemption statement.

So don't be too alarmed if you don't hear anything about it until you are discharged. As you're on a joint mortgage the process will be more straightforward for you too (if the process is the same as England) as you'll then be able to use the standard £211 low cost conveyancing plan the Insolvency Service offers for jointly owned properties.

Hope this helps!

Cheers

Chris

Angiepange

Another useful thread on buying the BI procedure if it might help anyone.

https://forums.moneysavingexpert.com/discussion/comment/30039525#Comment_30039525

Angie x

Esoog

5) I wrote to and obtained written consent to the transfer from my mortgage company (GE money)

Is there any reason why a mortgage company would object?

One question though, Ive received all the documentation from TLT soicitors to say that my payment has been accepted and that the OR has relinquished all rights to the property but my Bankrupt ex is still on the LR deed. Ive contacted LR who stated that I would have to complete a TR1 (fair enough) but also that both my ex and I would also have to complete an ID1 form each as the process wasnt being overseen by a conveyancer. Are you saying that you simply sent them the TR1 along with the confirmation from TLT/OR saying that you had purchased the BI and that you didnt have to complete an ID1?

To be honest, if that is the case that would help me loads as the split from my ex wasnt exactly amicable and I cant see her agreeing to sign anything.

Id really appreciate any advice you may be able to give on this, if you have the time. You can PM me if you'd prefer. Thanks in advance.

Same situation here, my girlfriends ex-husband is BR and I am buying the BI. I can't see him signing anything; he flat out refused to play ball with anything during the divorce and is quite frankly a waste of space. I assume the OP of this topic didn't have to do it since they were the only party involved?

The way I see it is that when he went BR he lost all rights to have a say - that's why the BI transferred to the Official Receiver. Therefore if we are purchasing the BI from the OR why would the ex need to sign anything? He has no interest. Surely just the signature of the OR will suffice?

If the Land Registry ask us to do the same the first thing I'll be doing is ringing the OR/RTLU and asking them about it. If its correct then possibly the OR could force him to sign it? Or is it outside his powers?

On a final point, if they're asking for the ID form since its not being overseen by a conveyancer, does that mean if you pay one to do it then the signature of the Ex is not required? I don't fancy paying more out after £150 for a valuation, £212 for the BI...however if it makes it easier.