Residential Property News & Updates

Seven Reasons to Register Your Property at HM Land Registry

Around 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 day-to-day basis; however, it could put you at a disadvantage in the future, for example, if you decide to sell or remortgage, and it also increases the risk of fraud or adverse possession.

Buying a property from a mortgagee in possession or a receiver

Our residential property solicitors answers some of your questions about buying a repossessed property.

Selling a property quickly to get out of a mortgage

Rising interest rates have dominated the headlines recently, with the Bank of England estimating a million households could see their monthly mortgage repayments increase by £500 over the next three years. If you are affected, you may even be thinking about giving up your property so you will no longer have the burden of a mortgage.

Office Expansion for Sills & Betteridge in Gainsborough

We have now opened the doors to our newly refurbished office extension at Marshall’s Yard.

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 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 without the maintenance headache.

What is the registered charge on a property?

If you take out a mortgage to buy your home, your lender will almost certainly register a charge against it 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 you default on your loan.