• Possessory Title

    By Guest on 07th Jul 2019

    I have just discovered I have a Possessory title on my property. I need help with understanding whether the date on the property register indicates when it was registered as Possessory (2003) or whether the section stating Proprietorship (2008 when I bought the property) is the date it is taken from. I wish to sell my property and my acting solicitor and a solicitor friend have two totally different answers :(

  • 2 Answers

    By Guest on 08/07/2019

    It would be helpful if you could paste in the whole clause from entry B1 of the register. This will normally show the date of purchase from the last purchaser and the date of registration of that purchase. You may be able to find a statutory declaration in your paperwork from your purchase showing when it was registered with possessory title from, otherwise HM Land Registry should be able to tell you on enquiry.

    www.notaryexpress.co.uk

  • By Guest on 10/07/2019

    Thank you very much for your help. Land registry have confirmed the registration was in 2003 and I have been the registered proprietor since 2008. I have managed to find the statutory declaration from the seller in 2008 (it was probate, so this was from the allotted representative), I also have Indemnity from 2008 when I bought the property. I have since been told by my exceptionally unhelpful firm of solicitors after many phone calls that this may take up to 3 months for an application to go through and even then it is not certain I will get Absolute. Leaves me in limbo as whether the best option is to sell with the Possessory Title (my house is on the market and already had one buyer drop out due to the Title and lost a substantial amount of money on my purchase reservation fee and searches) or to try to obtain Absolute and put the sale on hold. Nobody at their firm seems to know the best answer!

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