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remortgage

is remortgage your house will change price on your title plan (deed) or still remain the old one. and what about on database of land registary

Comments

  • kingstreet
    kingstreet Posts: 39,277 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    AFAIK only the charges register is updated when you remortgage. The property and proprietorship registers would remain the same.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Correct.

    The Title (Deed) held by the Land Registry is in 3 parts.

    A) Property Register (describes the property)
    B) Proprietorship Register (describes the owner)
    C) Charges Register (describes charges [mortgages] and other matters affecting the property)

    Only C would be updated by a re-mortgage.
  • rajajang
    rajajang Posts: 18 Forumite
    is there any way to check my original purchase price on my deed rather remortgage amount.
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    rajajang wrote: »
    is there any way to check my original purchase price on my deed rather remortgage amount.
    Sometimes shown here:

    http://eservices.landregistry.gov.uk/www/wps/portal/!ut/p/b1/04_Sj9CPykssy0xPLMnMz0vMAfGjzOKNjSxMDA1NjDwsjM3MDTxN3dyNDUNMjQ1MjPWDU_P0C7IdFQG9k5Tz/
  • kingstreet
    kingstreet Posts: 39,277 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If yours was a standard transaction, it should have been returned to the Land Registry and the figure published. If it was, enter your postcode here and check back to the date you purchased;-

    http://www.rightmove.co.uk/house-prices.html/svr/1715;jsessionid=D1940407F1262D6C30AF8D7B916E59BB
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
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