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Aston Lawyer
Aston Lawyer, Solicitor
Category: Law
Satisfied Customers: 10458
Experience:  Solicitor LLB (Hons) 23 years of experience in Conveyancing and Property Law
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What does this mean on a registered tittle plan? C:

Resolved Question:

Hello what does this mean on a registered tittle plan?
C: Charges Register
This register contains any charges and other matters
that affect the land.
1 (17.11.2010) REGISTERED CHARGE dated 16 November 2010.
2 (05.11.2012) Proprietor: NATIONAL WESTMINSTER BANK PLC (Co. Regn. No.
929027) of Mortgage Centre (Offset), P.O. Box 11956, Brindley Place,
Birmingham B1 2XR.
Why would the bank be on it?
Submitted: 2 years ago.
Category: Law
Expert:  Aston Lawyer replied 2 years ago.

Hello and thanks for using Just Answer.

My name is ***** ***** am happy to assist you with your enquiry.

It means that the Natwest have a registered Mortgage over the property, which was taken out on 16th November 2010.

Until the Mortgage is paid off in full, this Charge will remain in the Charges Register.

I hope this assists, but please let me know if you require any further clarification.

Kind Regards

Al

Customer: replied 2 years ago.

Hello Thank you for getting back to me.

The property in question is very old and I don;t think anyone has been living there for a long time.

The registered owner took over in 1998 but it does;t state any previous owners..should it?

Expert:  Aston Lawyer replied 2 years ago.

Hi,

No- only the existing owner is shown on the title (in the Proprietorship Register).

All I can say is that the registered owner must have taken out a Natwest Mortgage in 2010.

I hope this helps.

Kind Regards

Al

Customer: replied 2 years ago.

Ok if Natwest has a charge on the register in 2010 does this mean prior to 2010 the building was owned outright?

and that in 2010 the person decided to re-mortgage?

Expert:  Aston Lawyer replied 2 years ago.

Hi,

It either means the owner re-mortgaged (ie paid off their old Mortgage and took a new Mortgage out with Natwest) or that there was no Mortgage on the property and then the owner took out a Mortgage in Natwest in 2010.

Kind Regards

Al

Customer: replied 2 years ago.

Ok i understand. Am i correct in thinking The register won't show any previous lenders if they were any?

Expert:  Aston Lawyer replied 2 years ago.

Hi,

You're correct- the Register only shows Charges/Mortgages which are still ongoing- as soon as a Mortgage is paid off, it is removed from the Register.

Kind Regards

Al

Customer: replied 2 years ago.

ok thank you for your help

query answered now

Expert:  Aston Lawyer replied 2 years ago.

Many thanks.

If I have helped, I would be grateful if you could rate my answer.

Kind Regards

Al

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