If you’ve recently bought a new home read on, as this week Prestige Tax and Trust Services asks; how do you register your property with the Land Registry?
The Process of Buying a Home
The process of buying a new home is long and complex. Part of this complex process requires you to register the property in your name with the Land Registry.
When you have bought, been given, inherited, received in exchange for land/another property or mortgaged a property, there is a legal requirement to register it with the Land Registry.
How to Register Your Property for the First Time
To register your property with the Land Registry, you will need to know how to go about it. It depends on whether the property has been registered before. Before you do anything, search the register to see if your new property has been registered before. If it hasn’t, you need to:
- Search the property against all previous owners since 1925. Do this by applying for a search from the Land Charges Department, who will send the results to you.
- Complete an application form for first registration.
- If not already in the deeds, prepare a scale plan showing where the land is outlined.
- Check the list of documents form, and depending on your circumstances, fill out the 2 that are appropriate.
- Determine the correct registration fee for your property, depending on it’s value.
- If you aren’t a legal professional i.e. conveyancer, fill out a proof of identity form.
- If you’ve paid Stamp Duty, you’ll need to send a Land Transaction Return.
- Contact the Land Registry, and find their nearest office. Send your documents, forms and fees to the office in question.
Registering a Registered Property
If the property has already been registered, then you need to transfer ownership. To do so you must:
- Download and complete an application to change the register.
- Download and complete a transfer of whole of registered title.
- If you are a private individual, fill out a proof of identity form.
- Do as above; find the fee, find your nearest Land Registry and send all relevant documents, forms and fees.
Let Prestige Tax and Trust Services Lend a Helping Hand
Once this process is completed, your home will be registered with the Land Registry. If you need help to ensure you complete this process within legal parameters, come to Prestige and Tax Services. We have a team with the legal expertise you need to register your property with the Land Registry.