London Robert

Registered with Property118.com
Monday 16th February 2015


Latest Comments

Total Number of Property118 Comments: 4

London Robert

10:01 AM, 22nd February 2015
About 6 years ago

End of mortgage for Leasehold flat. Do I need a solicitor?

Reply to the comment left by "Joe Bloggs" at "19/02/2015 - 10:05":

Thanks again to everyone for their contribution to this post. I just want to add some more general comments relating to all the replies so far. I looked up my stored documents and found what seems to be the lease, it says HM Land Registry at the top and gives details about the lease. It seems to be the original lease because it gives information about the people who originally purchased it and the price etc. There is also a letter from the mortgage lender saying - We write to advise you that the HM Land Registry have now completed registering our charge on the above property. We therefore enclose important documents in relation to the title which can be retained by you and should be held in a safe place. Please find enclosed Lease.
So it seems that I have the lease and that they will probably not have any other documents relating to the flat, the charge on the property with the Land Registry is their security. So that will need to be removed, whether they do it or I have to do it. But I appreciate the comments about fraud in a later post and may ask Land Registry about this kind of protection. During last year I did phone the mortgage lender to ask about what needs to be done at the completion of the loan period, but I was told that they cannot tell me anything, that I need to ask a citizens community group or other such agent about this. But surely if they are going to charge a Redemption Fee at the end, they should tell me what this is for and what it does or does not do in relation to the discharge of the mortgage and the Land Registry charge. Not very helpful of them, but I suppose they are protecting their backs in some way by saying nothing. I will try phoning them again this week now that I know more about the process and see if they are more forthcoming about the Redemption Fee, as the last payment is at the beginning of March. Thanks again to everyone.... Read More

London Robert

9:13 AM, 19th February 2015
About 6 years ago

End of mortgage for Leasehold flat. Do I need a solicitor?

Reply to the comment left by "Tony Lilleystone" at "18/02/2015 - 14:38":

Thank you for your detailed response... it is very helpful.... Read More

London Robert

9:12 AM, 19th February 2015
About 6 years ago

London Robert

9:11 AM, 19th February 2015
About 6 years ago