HMRC Property Alerts

MarkSeaver

A few years ago my now-ex wife & I signed up for property alerts against a house we jointly owned. I bought her out during the separation and now own the house outright.

I'm planning to remortgage the property for some home renovations, and as annoying as it is, know that she will find out thanks to the property alerts. My question is, will she also find out how much I'm taking out?

I know property alerts are there to prevent fraud, but there is also a loss of privacy. I really don't want a random person (or ex) know in detail how much I owe on my home.

Devongardener

Was the registration updated when you bought the house outright?  If not you can do that now before remortgaging.

sammyjammy

I can have a property alert on your house, there isn't a thing you can do about it, its Land Registry property alert.

RedFraggle

Won't it just show a charge for whoever you mortgage with? It doesn't record details except sold prices. 

MarkSeaver

Devongardener said:

Was the registration updated when you bought the house outright?  If not you can do that now before remortgaging.

Yes the registration was updated. But my question is whether the property alert shows how much I'm taking out when remortgaging?

user1977

To be clear, it's the land registry which is itself public, anybody can look up the details with or without a property alert to prompt them about a transaction occurring. But I wouldn't expect the legal charge to give any clues about the amount.

housebuyer143

MarkSeaver said:

Devongardener said:

Was the registration updated when you bought the house outright?  If not you can do that now before remortgaging.

Yes the registration was updated. But my question is whether the property alert shows how much I'm taking out when remortgaging?

It literally only days "X has applied for a registration" something like that. No more info on their offer than the lender.

Neil49

MarkSeaver said:

Devongardener said:

Was the registration updated when you bought the house outright?  If not you can do that now before remortgaging.

Yes the registration was updated. But my question is whether the property alert shows how much I'm taking out when remortgaging?

I had placed a property alert on a property that we rented out. When we sold it earlier this year I received a basic message from the Land Registry to say that there had been an enquiry (or similar) on that property but that was all. 

It was a very basic message and simply a warning that something had occurred on the register.

Update - I've just checked the email from the Land Registry and it simply confirms the property address,  the name of the solicitor involved and details of what to do if someone is wrong. No financial details are in my email but we didn't have a mortgage or similar on it. 

MarkSeaver

Neil49 said:

MarkSeaver said:

Devongardener said:

Was the registration updated when you bought the house outright?  If not you can do that now before remortgaging.

Yes the registration was updated. But my question is whether the property alert shows how much I'm taking out when remortgaging?

I had placed a property alert on a property that we rented out. When we sold it earlier this year I received a basic message from the Land Registry to say that there had been an enquiry (or similar) on that property but that was all. 

It was a very basic message and simply a warning that something had occurred on the register.

Update - I've just checked the email from the Land Registry and it simply confirms the property address,  the name of the solicitor involved and details of what to do if someone is wrong. No financial details are in my email but we didn't have a mortgage or similar on it. 

Thank you so much for checking the email, and also to others who posted a similar comment. That's reassuring