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Applying for the First time Freehold Title
AndreiC
Posts: 2 Newbie
Hi Guys does anyone knows how long it will take after you apply for a first time Freehold Title.
The freeholder’s solicitors have provided a draft of the Transfer deed to the seller’s solicitors. The freeholder’s solicitors are also required to provide copies of the title documents for the freehold interest in the property to the seller’s solicitors to prove that the freeholder owns the freehold.
Unfortunately, the seller’s solicitors have confirmed that the freeholder’s solicitors have advised that they have discovered that the freehold has never been registered with H M Land Registry and the deeds have gone missing. They are now having to apply to the Land Registry for first registration and it is possible that, should the application be successful, Possessory Title only may be granted for the freehold title.
The freeholder’s solicitors have provided a draft of the Transfer deed to the seller’s solicitors. The freeholder’s solicitors are also required to provide copies of the title documents for the freehold interest in the property to the seller’s solicitors to prove that the freeholder owns the freehold.
Unfortunately, the seller’s solicitors have confirmed that the freeholder’s solicitors have advised that they have discovered that the freehold has never been registered with H M Land Registry and the deeds have gone missing. They are now having to apply to the Land Registry for first registration and it is possible that, should the application be successful, Possessory Title only may be granted for the freehold title.
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Comments
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who is selling what?0
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The Leasehold Owner. They have the Leasehold and the house is registered as a Leasehold. <For the next 15 years> They are trying to buy the freehold but the people with the freehold lost the deeds and the house was never registered as a freehold... And after that they want to sell me the Freehold.
Thanks.0 -
First registrations are currently taking an average of 37 working days. Obviously, in the case of possessory title by virtue of missing deeds, this may be extended as there may be further enquiries from the Land Registry.
You just need to make sure that when the freehold and leasehold titles are owned by the same person that they don't do anything that might be seen as showing an intention to determine (terminate) the lease by merger.0 -
thenThe Leasehold Owner. They have the Leasehold and the house is registered as a Leasehold. <For the next 15 years> They are trying to buy the freehold.
?? Surely the freeholder is the seller?The freeholder’s solicitors have provided a draft of the Transfer deed to the seller’s solicitors.0
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