Meet the Other Phone. A phone that grows with your child.

Meet the Other Phone.
A phone that grows with your child.

Buy now

Please or to access all these features

Property/DIY

Join our Property forum for renovation, DIY, and house selling advice.

Anyone know anything about house deed terminology?

4 replies

wildstrawberryplace · 15/05/2013 20:20

A house that I love was for sale last year but I wasn't in a position to buy at that stage. The house didn't sell and was rented out instead.

I am now in a position to buy the house, have looked on the Land registry with a view to contacting the owner and making an offer if they are still looking to sell.

The entries on the deeds

1 (11.02.2007) PROPRIETOR: Mr Bloggs and Mrs Bloggs of
Dream House, Acacia Avenue, Anytown, AA1 1AA.

2 (11.02.2007) The price stated to have been paid on 1 January 2007
was £Lottadosh.

3 (21.04.2012) RESTRICTION: No disposition of the registered estate
by the proprietor of the registered estate is to be registered
without a written consent signed by the proprietor for the time
being of the Charge dated 2 April 2012 in favour of HSBC Bank PLC
referred to in the Charges Register.

What does this mean?

OP posts:
carolinemoon · 15/05/2013 20:27

It just means that they have a mortgage on the property, same wording would appear on any title of mortgaged property

wildstrawberryplace · 15/05/2013 20:34

Ah OK thanks. So the date of the charge is the date they took out a mortgage? Would make sense as they might have paid cash in 2007 and then needed to release money from house last year when they moved abroad.

OP posts:
JamieOliveOil · 15/05/2013 22:14

Yes, it means that they purchased the house in 2007 and took a mortgage in 2012. The "no disposition..." bit means that no further charges or transfers of the owners may proceed without the consent of HSBC as the first lender.

carolinemoon · 16/05/2013 06:06

I think it is the date they took out their current mortgage, so they could just have remortgaged in 2012

New posts on this thread. Refresh page
Swipe left for the next trending thread