We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
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.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Land Registry Master Title Application on New Build Property
JWri
Posts: 3 Newbie
Hi,
Am hoping that someone may be able to clarify the position with regards to the process and time involved when the Seller's solicitor makes application to register the Master Title with HM Land Registry please.
Due to the Christmas/New Year break, the Seller's solicitor has literally just posted out the Application. This is the only thing which is holding up completion of the sale and I have already withdrawn my notice to vacate my rental property once.
I have been led to believe, by the Developers/Sellers, that as it can take up to 6 month to complete Master Title registration with the LR, it is not unusual (for new build properties) to proceed to completion using the allocated title number once the application has been submitted, rather than when the application is completed . Is this correct?
My Conveyancer has told me that they "are not content to proceed without the master title having been registered. If we were to complete and there were then any issues with the registration, you will have paid the purchase price and we would then be unable to complete the registration."
I respect that they are looking after my interests, I would not expect any less, but are they being intransigent, or am I simply missing the point and they should be able to push for completion whilst waiting for Master Title registration?
Sorry if I am confused, but just looking for advice from those in the know. Many thanks indeed for your help. My Landlord is pushing me to give a definitive date for leaving the rental property, and have already had 2 x viewings this week
Am hoping that someone may be able to clarify the position with regards to the process and time involved when the Seller's solicitor makes application to register the Master Title with HM Land Registry please.
Due to the Christmas/New Year break, the Seller's solicitor has literally just posted out the Application. This is the only thing which is holding up completion of the sale and I have already withdrawn my notice to vacate my rental property once.
I have been led to believe, by the Developers/Sellers, that as it can take up to 6 month to complete Master Title registration with the LR, it is not unusual (for new build properties) to proceed to completion using the allocated title number once the application has been submitted, rather than when the application is completed . Is this correct?
My Conveyancer has told me that they "are not content to proceed without the master title having been registered. If we were to complete and there were then any issues with the registration, you will have paid the purchase price and we would then be unable to complete the registration."
I respect that they are looking after my interests, I would not expect any less, but are they being intransigent, or am I simply missing the point and they should be able to push for completion whilst waiting for Master Title registration?
Sorry if I am confused, but just looking for advice from those in the know. Many thanks indeed for your help. My Landlord is pushing me to give a definitive date for leaving the rental property, and have already had 2 x viewings this week
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.5K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.5K Spending & Discounts
- 245.5K Work, Benefits & Business
- 601.4K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards