Nearly 10 per cent of land in England and Wales has never been registered at HM Land Registry, usually because the owner bought the property a long time ago or inherited it. ‘If your property is not registered, this should have little or no impact on you on a...
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Conveyancing.
Risks of buying a property from a mortgagee in possession you should know
As mortgage interest rates remain high, more homeowners are struggling financially. While a repossession is a last resort for lenders, the number of them is increasing and the trend looks likely to continue. However, it is an ill wind which blows nobody any good. If...
How to confidently sell a property quickly to get out of a mortgage
With the rising interest rates, you may be looking to sell a property so you will no longer have the burden of a mortgage. The Bank of England estimates that a million households could see their monthly mortgage repayments increase by £500 over the next three years....
The hidden risks of buying a property with a roof terrace or balcony
A home with outside space appeals to many of us, but it may be hard to find somewhere affordable with a garden or roof terrace and, even then, you may not want the responsibility of its upkeep. A balcony or roof terrace could give you that much-coveted al fresco space...
What is the registered charge on a property? Risks to be aware of
If you take out a mortgage to buy your home, a registered charge will be put in place against it by your lender at the Land Registry. The charge does not transfer ownership. However, it will give the lender important rights, including the ability to sell your home if...