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Land registry title query
sharhar
Posts: 40 Forumite
Hi, need some advise.
Backstory:
I initially booked a new build with help to buy back in 2019 after finding a buyer for my previous flat. The buyer pulled out and sale of the flat fell through. The builder agreed to part exchange the flat for the house. As part of this price was renegotiated and I had to cancel my help to buy application as the builder mentioned PX and H2B cannot be used together.
Even during contract signing stage, there were lot of mixups - we were asked to sign H2B equity deed, contract had old price etc. I brought this to the attention of my solicitor and they were fixed.
Issues
Purchase of the new build house was completed in September 2019 and I received the title details in post in March 2020. As soon as I received I had a look with my little understanding of what it meant. The purchase price was wrong. Old price was mentioned and not the renegotiated price. I raised it with the solicitors immediately. It has been 15 months since i first raised but the title hasn't been updated. The land registry sold prices seems to have been updated and shows the correct price.
As I'm close to 2 years since completion, my initial mortgage deal is expiring and I got a new deal from a new lender. The solicitor acting on behalf of new lender mentioned that there is a Help2buy (Homes and communities agency) charge on the title. I should have checked this initially but i didnt even understand anything else in the title. I know ignorance is not a defence but I never knew about all these. I even have an email from Help to buy agent that my help2buy application was cancelled.
I have again raised this as a complaint with my solicitors who dealt with it in 2019. Now I have to wait for them to come back.
My question, how easy/difficult is to get the Help2buy charge removed from the title and how long it will take. My mortgage deal will expire end of September. Will this affect my new mortgage deal as the lender would expect the full title guarantee.
Backstory:
I initially booked a new build with help to buy back in 2019 after finding a buyer for my previous flat. The buyer pulled out and sale of the flat fell through. The builder agreed to part exchange the flat for the house. As part of this price was renegotiated and I had to cancel my help to buy application as the builder mentioned PX and H2B cannot be used together.
Even during contract signing stage, there were lot of mixups - we were asked to sign H2B equity deed, contract had old price etc. I brought this to the attention of my solicitor and they were fixed.
Issues
Purchase of the new build house was completed in September 2019 and I received the title details in post in March 2020. As soon as I received I had a look with my little understanding of what it meant. The purchase price was wrong. Old price was mentioned and not the renegotiated price. I raised it with the solicitors immediately. It has been 15 months since i first raised but the title hasn't been updated. The land registry sold prices seems to have been updated and shows the correct price.
As I'm close to 2 years since completion, my initial mortgage deal is expiring and I got a new deal from a new lender. The solicitor acting on behalf of new lender mentioned that there is a Help2buy (Homes and communities agency) charge on the title. I should have checked this initially but i didnt even understand anything else in the title. I know ignorance is not a defence but I never knew about all these. I even have an email from Help to buy agent that my help2buy application was cancelled.
I have again raised this as a complaint with my solicitors who dealt with it in 2019. Now I have to wait for them to come back.
My question, how easy/difficult is to get the Help2buy charge removed from the title and how long it will take. My mortgage deal will expire end of September. Will this affect my new mortgage deal as the lender would expect the full title guarantee.
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