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Land Registry Searches - An Overview To Save You Money

By: derek smiley

Land registry searches is easier to do, than you might think! it will cost you 3 pounds stirling for a simple search i.e. names of owner price paid (if known) etc. For another 3 pounds you can get the map of the property. This map will provide details of boundaries etc. it is easy to go on the internet and using the search term "land registry searches." you will find the official government land registry website.

Their are companies who will charge you 150 pounds for the same search so let the buyer be aware!

Ownership and maintenance of property boundaries is reflected by what is stated in the documents of title. However these are not necessarily set in stone as your or there lawyer/solicitor could have made a mistake. Therefore the most economical way to settle a boundary dispute is to obtain all of the registered documents for each adjoining property and to check for yourself what is said about the boundaries, make sure you understand the expense if you decide to take legal action.

Keep on good terms with your neighbour and look for a mutally beneficial solution. Do not get a firm grip on an empty sack! Their are plenty of people who have ended up with a large bill running into several thousands over just a few sq metres of land!

The various residential property price reports provides a detailed and authoritative insight into what is actually happening to average prices and sales volumes in the residential property market for England and Wales. The media often blows out of proportion what is actually happening in the property market place, the land registry searches site gives you what is actually happening, not fear or speculation!

The report is intended to complement information available from other sources. Any comparison with other data should have regard to the differences in volume, timeliness and coverage of contributing transactions.

The data in the main report, which covers the whole of England and Wales, is broken down by property type and by County and Unitary Authority, to include the new Unitary Authorities introduced on April 1, 1997. The figures also incorporate average prices and number of sales within Greater London by individual London Boroughs. Sales in this context are taken to mean the transfer of ownership for value of freehold and long leasehold residential properties, whether or not the purchase was supported by a mortgage. A breakdown of the average sale prices of old and new properties by property type is also incorporated.

No weighting or adjustment is applied to the information collected to reflect any seasonal or other factors- The price data can be said to be actual unadjusted averages, drawn from the great majority of all residential sales in England and Wales completed during the period.

Around sixty per cent of England and Wales is currently registered with Land Registry and more and as time goes on more discerning people are choosing to register their property, via their legal channels. Although land and property registration is not compulsory until land is actually sold or mortgaged, making a voluntary application brings many advantages to give you peace of mind, i.e. you can sleep at nights if ever there was a dispute.

Remember registering your land proves you own your land. It protects you against claims on your land if someone were to try to steal it and is the most effective way to bring all your documentation up to date. It also gives you the added bonus that your title register is easily accessible online, make sure you check this information with your solicitor or legal land conveyencer.

Article Source: http://www.articlekingpro.com

Derek is a land owner and business owner and proud of it. Land registry searches can be inexpensive if you know how. How to get a patent is also a simple process if you seek the right information.

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