Protecting your property can be made simple with just a few easy steps: Burglars do not like stealing things marked with identification. Keep valuables like jewelry and collectibles in a safe or safety deposit box. Mark your valuables with an engraver (name, serial number)
Protecting your property can be made simple with just a few easy steps: Burglars do not like stealing things marked with identification. Keep valuables like jewelry and collectibles in a safe or safety deposit box. Mark your valuables with an engraver (name, serial number)
Explanation:
First of all, ensure that your details are up to date. For most people (myself included!), you probably haven’t ever thought about updating the information that Land Registry holds for you. When you move house or change your surname when you get married, you undoubtedly end up with a long list of people and companies that you need to notify… Land Registry should be on this list! Many people buy a first home or flat and may then keep this as a rental property when they move up the property ladder. With the focus now on their lovely new home, there’s a strong possibility that they have forgotten to update the title register of the other property to reflect the change of address. This will be the address for service for any important notices and correspondence from Land Registry (or anyone else for that matter) relating to that property, so it must be kept up to date so you can be sure that you will receive them. If you are renting out a property, then your address for service should not be the property itself.
For greater protection, you should register a restriction against the property. The Property Alert service will only notify you that someone may be trying to register a sale of your property, or a new mortgage against it, it will not block any such changes. Land Registry have recently introduced a new form of restriction to facilitate this, which will prevent the registration of a transfer or charge of your property unless a solicitor has certified that the application has been made by you. There is no fee to add this restriction to your title if you do not live at the property, you will just need to complete Form RQ and then send this to Land Registry (or ask your solicitor to assist). A company that owns property can also apply for a restriction (using Form RQ(Co)), again, there’s no fee payable to Land Registry to do so. It is also possible to register a restriction against a property you live at, using Form RX1, for which a small fee is payable.
Answers & Comments
Protect Your Property
Protecting your property can be made simple with just a few easy steps: Burglars do not like stealing things marked with identification. Keep valuables like jewelry and collectibles in a safe or safety deposit box. Mark your valuables with an engraver (name, serial number)
Explanation:
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Answer:
Protecting your property can be made simple with just a few easy steps: Burglars do not like stealing things marked with identification. Keep valuables like jewelry and collectibles in a safe or safety deposit box. Mark your valuables with an engraver (name, serial number)
Explanation:
First of all, ensure that your details are up to date. For most people (myself included!), you probably haven’t ever thought about updating the information that Land Registry holds for you. When you move house or change your surname when you get married, you undoubtedly end up with a long list of people and companies that you need to notify… Land Registry should be on this list! Many people buy a first home or flat and may then keep this as a rental property when they move up the property ladder. With the focus now on their lovely new home, there’s a strong possibility that they have forgotten to update the title register of the other property to reflect the change of address. This will be the address for service for any important notices and correspondence from Land Registry (or anyone else for that matter) relating to that property, so it must be kept up to date so you can be sure that you will receive them. If you are renting out a property, then your address for service should not be the property itself.
For greater protection, you should register a restriction against the property. The Property Alert service will only notify you that someone may be trying to register a sale of your property, or a new mortgage against it, it will not block any such changes. Land Registry have recently introduced a new form of restriction to facilitate this, which will prevent the registration of a transfer or charge of your property unless a solicitor has certified that the application has been made by you. There is no fee to add this restriction to your title if you do not live at the property, you will just need to complete Form RQ and then send this to Land Registry (or ask your solicitor to assist). A company that owns property can also apply for a restriction (using Form RQ(Co)), again, there’s no fee payable to Land Registry to do so. It is also possible to register a restriction against a property you live at, using Form RX1, for which a small fee is payable.