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Title Deeds Required For Hips and Solicitor Question
Comments
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I am only saying from experience of working in Conveyancing Departments of various Solicitors for 7 years that (at least where I have worked) extra fees have not been charged for unregistered properties.
I have also never come across an unregistered case where someone other than the owner has attempted to sell a property. If this ever would happen the buyers' solicitors would pick up on this.
If you do go ahead and register the property yourself you will require a FR1 form, DL form and AP1 form from the Land Registry. I believe the fee would be £40. If you need any help completing with the forms then do not hesitate to contact me.
I can not speak for your firm but most solicitors DO charge extra for unregistered property. It is not that long ago that the Law Society took out adverts in the press implying that a solicitor had to burn the midnight oil going through all bits of paper to establish title etc and that is why they attempted to justify the high fees for unregistered land.. A right load of rubbish. But do a bit of googling amongst the fixed fee firms and you will agree with me.
Trying to fraudulently sell a property where you are not the owner is quite popular nowadays. And quite easy......try google for cases. Quite how the buyer's solicitors pick this up is a matter for conjecture.
Thanks for confirming that the current LR fee. There is currently another thread on MSE forum where some solicitors are trying to drum up business and offering to do this for about £600. Nice work if you can get it.
terryw"If you can bear to hear the truth you've spoken
Twisted by knaves to make a trap for fools"
Extract from "If" by Rudyard Kipling0 -
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I'm obviously working for the wrong firm then! :rotfl:
Na, but at least your firm appear to be a bit more ethical when it comes to charges!
As an aside the fee you quote (£40) for voluntary registration depends upon the value of the property. This would cover a very cheap property, but a more valuable property would cost much more. There is a 25 per cent discount for volunary registration.
terryw"If you can bear to hear the truth you've spoken
Twisted by knaves to make a trap for fools"
Extract from "If" by Rudyard Kipling0
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