Title Register of a Property

mazibee

Hi All,


Please can someone explain these title Register report to me

A: Property Register

This register describes the land and estate comprised in
the title.
BUCKINGHAMSHIRE : WYCOMBE


1 The Freehold land shown edged with red on the plan of the above Title
filed at the Registry and being xxxx, Road, High Wycombe.

2 The Conveyance dated 27 October 1986 referred to in the Charges Register was made pursuant to Part V of the Housing Act, 1985 and the land has the benefit of and is subject to such easements as are granted and reserved in the said Deed and the easements and rights specified in paragraph 2 of Schedule 6 of the said Act.

3 The Conveyance dated 27 October 1986 referred to above contains a provision as to boundary structures.


B: Proprietorship Register

This register specifies the class of title and
identifies the owner. It contains any entries that
affect the right of disposal.
Title absolute
1 (11.03.1998) PROPRIETOR: XXXXXXXX
2 (11.03.1998) The Transfer to the proprietor contains a covenant to observe and perform the covenants referred to in the Charges Register and of indemnity in respect thereof.
3 (05.07.2013) RESTRICTION: No disposition by a sole proprietor of the
registered estate (except a trust corporation) under which capital
money arises is to be registered unless authorised by an order of the
court.
4 (30.08.2013) RESTRICTION: No disposition of the registered estate by
the proprietor of the registered estate or by the proprietor of any
registered charge, not being a charge registered before the entry of
this restriction, is to be registered without a written consent signed
by the proprietor for the time being of the Charge dated 29 July 201X
in favour of National Westminster Bank PLC referred to in the Charges
Register.

C: Charges Register
This register contains any charges and other matters
that affect the land.
1 A Conveyance of the land in this title dated 27 October 19XX made
between (1) Wycombe District Council and (2) XXXXX and
others contains restrictive covenants.
¬NOTE: Original filed.

Title number BMXXXXX

C: Charges Register continued
2 (30.08.2013) REGISTERED CHARGE dated 29 July 2013.
3 (30.08.2013) Proprietor: NATIONAL WESTMINSTER BANK PLC

Thanks in advance

G_M

Which part do you not understand?

da_rule

So you’re buying a freehold property (ex council).

The 1986 Conveyance (transfer) says something about a boundary structure - this may be maintenance responsibilities or party wall provisions.

The 1998 transfer contains an indemnity clause (fairly standard).

The property is owned by more than one person and one of them cannot sell it without the consent of the others without a court order.

The property cannot be sold without the consent of the lender (NatWest). This will be dealt with when the mortgage is redeemed on sale.

Again the 1988 transfer contains restrictive covenants which need to be investigated.

There is a mortgage/charge from NatWest on the property.

This is all fairly standard. Is there anything you particularly wanted to know?

mazibee

G_M wrote: »

Which part do you not understand?

Part A
2
3


Part B
2
3


Part C
1
2 Dont understand what this charge is for?

3 Does it means, still vendor is got a mortagage from NATWEST?

G_M

mazibee wrote: »

Part A
2 if you read the The Conveyance dated 27 October 1986 and the Housing Act, 1985, it will tell you what rights exist.
3 The Conveyance dated 27 October 1986 will tell you about the boundary. You need to read it.


Part B
2 The owner (and subsequent owners) must observe the covenants in Part C
3 standard clause where property is jointly owned as tenants In common


Part C
1 The Conveyance of the land in this title dated 27 October 19XX has sovenants - you need o read the Conveyance to find out what they are.
2 Dont understand what this charge is for? Morgage

3 Does it means, still vendor is got a mortagage from NATWEST?

Yes.


If you are doing your own conveyancing - time to stop.


If you are using a solicitor, time to ask questions - that's what you are paying for.

mazibee

da_rule wrote: »

So you’re buying a freehold property (ex council).

The 1986 Conveyance (transfer) says something about a boundary structure - this may be maintenance responsibilities or party wall provisions.

The 1998 transfer contains an indemnity clause (fairly standard).

The property is owned by more than one person and one of them cannot sell it without the consent of the others without a court order.

The property cannot be sold without the consent of the lender (NatWest). This will be dealt with when the mortgage is redeemed on sale.

Again the 1988 transfer contains restrictive covenants which need to be investigated.

There is a mortgage/charge from NatWest on the property.

This is all fairly standard. Is there anything you particularly wanted to know?

Thanks for your detailed reply.

I went on the land registry website and downloaded these two reports for Title Register and Title Plan for the property we are buying ( £6.00)

Being FTB we have seen this report for the first time and uanble to understand the technical language used in the report.

Is it worth sending these both reports to solicitors so that they can inquire or the solicitors will investigate (1988 restrictive convenants) issues as part of their conveyancing process.

Thanks in advance.

G_M

mazibee wrote: »

Is it worth sending these both reports to solicitors so that they can inquire or the solicitors will investigate (1988 restrictive convenants) issues as part of their conveyancing process.

.

No.


Your solicitor will be doing this as part of their job.