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!
Why my property lease only include the orginal buyer's name rather than my name?
Zac_Harrow
Posts: 2 Newbie
Hi, I bought my flat in 2014. Now I want to re-mortgage it. But my solicitor requires a copy of my lease. I only have one copy which is a lease between the landlord and the original buyer (who bought the flat when it was newly built). I am wondering if it is the correct lease. Should it include my name as well? or it is normal the lease only includes the details of the original buyer?
0
Comments
-
This a document which created the lease between the original freeholder and leaseholder. It lasts for 99 years (125, 999 whatever it says). It cannot (normally) be changed during that time.
But it can be sold. The original leaseholder sold it to you, and that sale was (should have been) recorded by the Land Registry.
If you buy the current Land Registry Leasehold Title here (for £3), you should see that you are the current owner of the lease.0 -
Thank you G-M, Yes I checked Land Registry Leasehold title and I am the title owner. So does it mean the lease is the correct one (even if it doesn't include my name) and I can send it to my solicitor? Thank you again0
-
Zac_Harrow wrote: »Thank you G-M, Yes I checked Land Registry Leasehold title and I am the title owner. So does it mean the lease is the correct one (even if it doesn't include my name) YES and I can send it to my solicitor? YES Thank you again
All leases are like this, including my own, which is 25 years older than yours. In the lease you are referred to as the Leaseholder, so if you bought the lease, then that is you.
Respect for ourselves guides our morals, respect for others guides our manners~Laurence Sterne
All animals are equal but some animals are more equal than others~George Orwell0 -
As explained, it did not include your name when it was created, and cannot (usually) be changed. So unless you are the original named leaseholder your name will never be added to it.Zac_Harrow wrote: »Thank you G-M, Yes I checked Land Registry Leasehold title and I am the title owner. So does it mean the lease is the correct one (even if it doesn't include my name) and I can send it to my solicitor? Thank you again
Yes - you should send it to your solicitor. (keep a copy for yourself).0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.8K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.8K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards