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Property boundary diagram wrong!!!
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It's unregistered. Which just makes it even more complex.I thought you said this was a repo?
The vendor is a lender in possession. They are simply going to point you to the LR plans, because that's all they have and know.
The EA got it wrong. <shrug> It happens. Your sol has done their job properly and picked up on that while you still have the opportunity to walk away.
But your underlying point is right - the vendor will have no further information than the Deeds they have already provided.0 -
how can it be unregistered and a repossession? the mortgage surely would have needed to be registered against the title - how old is the loan? Are you actually sure the property title is unregistered?0
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That's a real good idea.getmore4less wrote: »Check the local planning portal for a map view.
They often have the local area mapped out for each property.
Any planning application on the properties around will most likely have boundary maps with them.
you need to do this anyway to find out what has happened in the area and what might be happening with application already in.
That's true and the lenders (who are the seller) should be holding them.You still have to go back to the deeds to find out what you are buying.
Yep another good idea.The other obvious thing to do is go talk to the neighbours0 -
Good point. I guess a 30 year mortgage Term would take the purchase date back to 1989 at the earliest (prob later as repossessing in the final year or so seems unlikely).SmashedAvacado wrote: »how can it be unregistered and a repossession? the mortgage surely would have needed to be registered against the title - how old is the loan? Are you actually sure the property title is unregistered?
When did all compulsory registration finally kick in?
edit: Ah! 1988 in Cornwall...& Isles of Scilly.
1989 in Lincolnshire & Norfolk
and 1990 in Essex & Herefordshire!0 -
The loan would have to be over 16 years old - which is of course possible. That's assuming that the property was unregistered. It just seems pretty unlikely that a property that a loan taken 16 years ago or more would be subject to repossession - surely there would be some equity build up. Most places have doubled or more in value in that time.0
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OP said......theartfullodger wrote: »Since you could have got the plans from land registry online within a minute - for a few quid - several weeks/months ago -
https://www.gov.uk/search-property-information-land-registry
- but clearly chose not to bother....
- should you perhaps be getting angry with whoever decided not to check earlier??Because the house is repossessed it is being bought as seen but the boundary plan suggests to me that no proper title deeds have been presented. The property is unregistered.0 -
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So it isn't necessarily a repo, just a corporate sale for some reason. PX into sheltered/retirement accommodation?getmore4less wrote: »
Doesn't make a lot of difference, but does explain how it can still be unregistered.0 -
One point of clarification - not owning the land between the doorways and the public highway (if that is the real situation) doesn’t mean the property is stranded. There is almost certainly an easement (right) to access the property over this land, if only an easement of necessity (google it). But that would also be something that needs clarifying.0
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Indeed - OP, is "there is not access to the front or rear door" the advice of your solicitor or just your own interpretation?princeofpounds wrote: »One point of clarification - not owning the land between the doorways and the public highway (if that is the real situation) doesn’t mean the property is stranded. There is almost certainly an easement (right) to access the property over this land, if only an easement of necessity (google it). But that would also be something that needs clarifying.0
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