PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.

How long to change title deeds/ Is legal advice needed?

Can anyone tell me how long it takes to have a change in ownership processed and appear on the title register? When is does appear, is the transfer dated when the documents were signed, or when the LR processes it? Also if an unmarried couple were to change the property from 'tenants in common' to 'joint tenants' would it be usual to have independent legal advice for each party before this is done, or could the existing solicitor for one of the parties do this for both?

Comments

  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Nobbie1967 wrote: »
    Can anyone tell me how long it takes to have a change in ownership processed and appear on the title register?
    No since there are too many variables
    When is does appear, is the transfer dated when the documents were signed, or when the LR processes it?
    Date of Transfer
    Also if an unmarried couple were to change the property from 'tenants in common' to 'joint tenants' would it be usual to have independent legal advice for each party before this is done, or could the existing solicitor for one of the parties do this for both?
    Either. Though the solicitor might require a consent form of some sort to ensure both parties understood the potential conflict.
  • Land_Registry
    Land_Registry Posts: 6,099 Organisation Representative
    Part of the Furniture 1,000 Posts Name Dropper
    The average timescale between lodgement of the application to register the Transfer and completion of the registration is currently 5/6 working days.
    How long it takes to get to the lodgement stage will vary but a rough rule of thumb is 2/3 weeks after actual completion of the purchase

    The Transfer is usually dated following completion of the purchase so contracts are exchanged and you then complete. It will be dated before it is submitted to us for registration.

    We always recommend that parties get legal/financial advice before either transferring ownership or changing how they hold the property.
    Official Company Representative
    I am the official company representative of Land Registry. MSE has given permission for me to post in response to queries about the company, so that I can help solve issues. You can see my name on the companies with permission to post list. I am not allowed to tout for business at all. If you believe I am please report it to forumteam@moneysavingexpert.com This does NOT imply any form of approval of my company or its products by MSE"
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker

    We always recommend that parties get legal/financial advice before either transferring ownership or changing how they hold the property.
    This is of course sensible and cautious advice. However OP asked:
    would it be usual to have independent legal advice..... or could the existing solicitor for one of the parties do this for both?
    That's actually 2 questions and the answers are:

    1) no available statistics.
    2) Yes
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 349.7K Banking & Borrowing
  • 252.6K Reduce Debt & Boost Income
  • 452.9K Spending & Discounts
  • 242.7K Work, Benefits & Business
  • 619.4K Mortgages, Homes & Bills
  • 176.3K Life & Family
  • 255.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.