Hi, I'm new and I have a problem regarding property ownership

[march07]

Have you checked the current entry with the land registry to see what it says regarding ownership etc ? - https://www.gov.uk/search-property-i...-land-registry

Yes I did that yesterday, I can't see anything on there but will get land registry to clarify that is the case.

[march07]

Have you checked the current entry with the land registry to see what it says regarding ownership etc ? - https://www.gov.uk/search-property-i...-land-registry

Ive asked them and they are checking now for me.

[march07]

Have you checked the current entry with the land registry to see what it says regarding ownership etc ? - https://www.gov.uk/search-property-i...-land-registry

Hi, they have just informed me that no deed of covenant was ever registered on there from that date I gave them (the date on the deed)

[march07]

Have you checked the current entry with the land registry to see what it says regarding ownership etc ? - https://www.gov.uk/search-property-i...-land-registry

Ive just read the deed and it says the beneficiary and owner to register the restriction which I didnt realise. I suppose now that the ownership has changed is it too late to so anything anywhere? Even if it was a legal document?

[Amethyst]

Think we likely need to see the Deed.

Also, a little background, you mention the deed gives you ownership over part of the land, was this passed to you through a Will, or was this part of a divorce settlement ? and why are you paying half the mortgage ? The person who was on the deed with you and who has joint ownership of that bit of land with you is the same person that has bought the entire property including that bit of land from the owner ? and have you discussed your ownership of said bit of land with them since you found out they have bought it/transferred ownership ?

[march07]

Think we likely need to see the Deed.

Also, a little background, you mention the deed gives you ownership over part of the land, was this passed to you through a Will, or was this part of a divorce settlement ? and why are you paying half the mortgage ? The person who was on the deed with you and who has joint ownership of that bit of land with you is the same person that has bought the entire property including that bit of land from the owner ? and have you discussed your ownership of said bit of land with them since you found out they have bought it/transferred ownership ?

Hi, no the person who originally signed the deed with us to transfer or gift this portion of land (the owner) is still alive. I am paying half the mortgage because of 'owning' this part of the land and because there were business debts that myself and the other person that this part of land 'belong's to had to pay so we remortgaged . Well he did as Im not on that mortgage. I received £10,000 and he had an extension built that he now lives in, and the whole complete property is in his name only and yes I have tried to discuss matters but I am getting fobbed off. It is quite complicated for me to explain, I have just deen there is an 'assignment of a beneificial interest held under trust of land' dated the same date. |This gives myself and the other person ( it is my brother) equal shares in the assigned property. I have my business on this part of land and pay half the mortgage as 'rent' for the half my brother owns. I fear I will be left with nothing and have to rely on the honesty of my brother to do the right thing, but this is something I want to leave to my son who has built the business up to be successful so really need to sort it out.

[lgfa92]

Was the mortgage secured against the original land that was later split by the 'deed' ?

I have just deen there is an 'assignment of a beneificial interest held under trust of land' dated the same date

Is this noted on the original deed for the complete land ?

[march07]

Was the mortgage secured against the original land that was later split by the 'deed' ?


Is this noted on the original deed for the complete land ?

Hello, yes the mortgage is secured on the complete property, but the mortgage was taken out in 2012 and the deed was 2008. No it has never been noted the land registry has told me.

[lgfa92]

Hello, yes the mortgage is secured on the complete property, but the mortgage was taken out in 2012 and the deed was 2008. No it has never been noted the land registry has told me.

I have just deen there is an 'assignment of a beneificial interest held under trust of land' dated the same date

Was the actual original aim to split the land or to simply give you a share in the land as a beneficiary ?

So at the moment - does your brother own the property as far as the land registry are concerned ?

[march07]

Was the actual original aim to split the land or to simply give you a share in the land as a beneficiary ?

So at the moment - does your brother own the property as far as the land registry are concerned ?

Hello,
Just to give me a share of the section of land, and yes he does.