Buying a house, it’s unregistered. Didn’t find out until 6 weeks in, not too sure if we’re 100% okay with a potential possessory title, elderly vendors in their 90’s but still very much on their own functional, they’ve already brought a new house and have basically moved in. We’ve sold our house and now in a small rental while this nightmare goes on.
Vendors solicitors are very slow, too much work and not enough staff it seems, it takes them ages to get anything done. Anyway, when applying for the first registration of the property they’ve had to give evidence they’re the true owners and can legally sell the house to get a title absolute, Mrs vendor has always said their solicitors have their original deeds, then she found them, well a copy of a copy, so this has been sent off with a declaration of truth to LR, LR have now sent a requisition and asked for a further declaration of truth, its taken their solicitors 3 weeks to get this out to the vendors, at which point the vendors have said the questions on there make no sense and they can’t possibly answer them as they’re ridiculous questions, without telling us what the questions are, so who knows !! Apparently solicitors have sent out an amended copy because they admitted they’d ticked the wrong boxes for them to sign, It’s all massively doing our heads in. This is what our vendor has said.
All along we’re still wondering where the original deeds are and if you can even get a title absolute with only a copy of the originals.
Vendor is adamant the solicitors had to originals and have lost them, their solicitor says the deeds were signed out of the system. The paranoid part of me thinks one of their kids will turn up in a few years to claim ownership of the property whilst we’re stuck with the possessory title for 12 years.
Am I being daft or would anyone else worry why nobody knows where the deeds are ?