Understanding Title Deeds

hellokitty08

Hi,

I have just downloaded some title deeds from the land registery. It has a listed owner and says there is a mortage on the property however there are several charges,

"by a deed dated 7 february 2007 made between ****** and ***** and ****** the terms of the lease dated 30th April 2004 referred to in the property registered were varied. "

does that mean three different people own it? The blanks are names.

BitterAndTwisted

A charge on a property means that there's most probably a debt secured against it. In this case it sounds like more than one.

Is this a property you are renting?

Moonface

The parties referred to in this entry are probably 1) the person renting the property out 2) the person renting the property and 3) the mortgage company. So no it does not mean that 3 people own the property.

G_M

Moonface wrote: »

The parties referred to in this entry are probably 1) the person renting the property out 2) the person renting the property and 3) the mortgage company. So no it does not mean that 3 people own the property.

????????????? 2) the person renting the property? What? tenants do not appear on Title Deeds.

does that mean three different people own it? The blanks are names.

No. Mortgagees do not 'own' the property.

It has a listed owner and says .....

This is the (only) owner.

"by a deed dated 7 february 2007 made between ****** and ***** and ****** the terms of the lease dated 30th April 2004 referred to in the property registered were varied. "

This is not a mortgage.
There is a lease on the property (dated 2004). In 2007 this lease was changed by some people (presumably the then lessees and lessors). If you want to kno more you'll need to look at the lease, and the deed which changed it.

The mortgage is unrelated.

Moonface

G_M wrote: »

????????????? 2) the person renting the property? What? tenants do not appear on Title Deeds.

Sorry - meant the lessees.

timmyt

hellokitty08 wrote: »

Hi,

I have just downloaded some title deeds from the land registery. It has a listed owner and says there is a mortage on the property however there are several charges,

"by a deed dated 7 february 2007 made between ****** and ***** and ****** the terms of the lease dated 30th April 2004 referred to in the property registered were varied. "

does that mean three different people own it? The blanks are names.

simple.

it simply means the leasehold property had its lease varied and you will need to read the document to see what the changes were.

hellokitty08

Yes it was with regards to a rental property nightmare.

Im still not enterly sure whats going on on the deed, but basically my auntie is renting a flat from lets say MR A. Her current rental property is being repossessed and we think Mr A is going to possibly declare bankrupt.

The letting agent offered my auntie another proprty to move to which we dowloaded the title deeds for. This property as stated above has a different owner, but Mr A is listed as one of the charges thats has been ***** above, if that makes any sence?

Anyway we thought it was all rather dodgy, so we have told the agent we dont want my auntie moving to another property that has anything to do with Mr A.