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remortgage

rajajang
Posts: 18 Forumite
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
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Comments
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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.0
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Correct.
The Title (Deed) held by the Land Registry is in 3 parts.
A) Property Register (describes the property)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.0 -
is there any way to check my original purchase price on my deed rather remortgage amount.0
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is there any way to check my original purchase price on my deed rather remortgage amount.
http://eservices.landregistry.gov.uk/www/wps/portal/!ut/p/b1/04_Sj9CPykssy0xPLMnMz0vMAfGjzOKNjSxMDA1NjDwsjM3MDTxN3dyNDUNMjQ1MjPWDU_P0C7IdFQG9k5Tz/0 -
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=D1940407F1262D6C30AF8D7B916E59BBI 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.0
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