Is registration of restrictions in deed of trust at Land Registry compulsory?Make Text Bigger
Is it legally obliged to register the restrictions in the deed of trust at Land Registry?
My friend and I would like to use Deed of Trust to formalise a JV relationship. A restriction we would like to add in the deed of trust is ‘the property can not be sold unless all parties agree’ as a protection for both sides.
This then leads the question raised above. Ideally we would not to register to avoid any implications at refinancing – this is suggested by my mortgage broker.
Could anyone let me know whether it is true that we have to register? Many thanks.
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