There are two systems of recording ownership of land in England & Wales; registered & unregistered. Whether your land is registered or unregistered can have a major impact, & not only when you come to sell. Holly Stevens, Director & Head of Residential Property at Ware & Kay in York, considers the implications.
Registered land, an overview
The Land Registry keeps a register of all registered land, which is indexed on a map. This register contains information on approximately 24 million properties.
Within this overall register, the Land Registry allocates properties their own unique number & individual register. Each individual register includes three sections:
‘proprietor register’ - contains ownership information;
‘property register’ - contains a description of the property, linked to a map; &
‘charges register’- contains details of any mortgages or charges affecting…