Information on leasehold

bobski78

Hi,

Can you tell me what information I should expect to see on the leasehold section on the Title register for my property?

I bought a leasehold flat 6 years ago. It had previously been repossessed so was bought from the bank.

I ordered the title register today from the Land Registry to check how long was left on the lease.

The lease details showed three parties:

1) the developer/land owner
2) the management company
3) an individual - I believe it is the name of the previous owner, who was repossessed.

This is worrying me somewhat.

I am listed as the Registered Owner of the property, but that name on the leasehold is concerning me.

Thanks for any info.

G_M

The lease never changes. It is granted to Mr A (the original leaseholder) for X years (eg 125 years).

If Mr A sells the lease after 5 years, the lease will not be altered: the names on it remain the same, the term (125 years) stays the same; the start date remains the same. But since 5 years have passed since the start date, only 120 years remain.

But the Registered owner changes.

You have nothing to worry about.

If you want to know the details of the lease (particular clauses, restrictions, obligations - as well as the start date and term) read the original lease, not the registered Title.