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Shared Ownership and Land Registry Title

I am selling my shared ownership flat, it's proving to be a nightmarish project with delays and incomprehension with solicitors from both sides, even if it is a chain free transaction. Conveyancers from buyer's side are now saying that the land registry title doesn't show I had staircased from 35% to 50% (I did this at the same time of purchasing). But a title usually says the name of the owner and since when, am I correct? Where are they searching or seeing the detail about the exact share I won? Is the memorandum of staircasing signed deed not enough?

Comments

  • eddddy
    eddddy Posts: 18,288 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited Today at 12:17PM
    Conveyancers from buyer's side are now saying that the land registry title doesn't show I had staircased from 35% to 50% (I did this at the same time of purchasing).

    Is the conveyancer saying that this is a problem - or are they just making an observation?

    As I understand it, you can choose to register a Memorandum of Staircasing with Land Registry, or you can choose not to.

    It sounds like the buyer's conveyancer is mentioning that it seems you have chosen not to - and maybe is asking if that's correct.

    So maybe you could reply that your not sure whether the Memorandum of Staircasing was registered with Land Registry or not, but you have the original paper copy anyway.

    So, as I understand it, there shouldn't be a problem.


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