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Hello, welcome to the website. My name is***** can assist you with this.
Is there any reason you could not be added to the legal title, as this is best form of protection?
The property was purchased on a "buy to let" agreement through Mortgage Express which is no longer in operation - Bradford and Bingley are taking repayments but cannot do anything else regarding the mortgage. We are going to close the account over the next two weeks with a final redemption figure in the region of £25,000. Could anything be done prior to the redemption payment and if so what, or would it be better to action any legal work after payment. I must stress there is no hassle from my partner on this - I simply need to know the best way to do it prior to her changing her will in the event of her death prior to the will being changed.
Okay. You could put an agreed notice on the title, which recognise your beneficial interest. She would need to consent to this. Or, alternatively, you could lodge what is called a Unilateral Notice, which record your interest on the title so everybody can see it (she doesn't need to consent for this). An agreed notice is better, but a unilateral notice should do the trick if you can't agree. Have a look at this detailed guide: http://www.landregistry.gov.uk/professional/guides/practice-guide-19
Would an agreed notice or a unilateral notice give me a 100% protection in law on my share of the equity? If so could you advise as to what forms to obtain in order to action one or the other?
Nothing every gives you 100% protection, but if you have an agreed notice, it should require your consent or to be informed of any intended sale. If you had to, then you could seek to stop that sale by applying the courts if necessary, unless, perhaps, you got firm assurances from her solicitor that you would be paid off from the proceeds of sale. If the solicitor promises you this, then you know it will happen, as they will give you what is called an "undertaking".
Why have you rated poor service please?
Could you please inform me of what particular forms I would need to obtain in order to carry out an agreed notice?
I can do that, is this what you need to consider the service OK or better?
I hate to have people consider the service poor, and would like to ensure I can achieve something better for them.
Okay - bear with me then.
Okay, here is the form for a Unilateral notice: http://www.landregistry.gov.uk/_media/downloads/forms/UN1.pdf and here is for the form an agreed notice: http://www.landregistry.gov.uk/_media/downloads/forms/AN1.pdf
There you go. Hope this helps, and you have the guide to explain all the steps too.