Land Registry restriction provides free protection against identity theft

The Land Registry has announced have removed the fee for home owners to register a Restriction against their property title in the Land Registry’s Form LL. The wording of this Restriction is as follows:

“No disposition of the registered estate by the proprietor of the registered estate is to be registered without a certificate signed by a conveyancer that that conveyancer is satisfied that the person who executed the document submitted for registration as disponor is the same person as the proprietor”

This is designed to help prevent, for example, the situation whereby a tenant or other person obtains the identification documents of the owner of the property and fraudulently transfers it into their name. The Restriction means that the Solicitor or Conveyancer acting in the transaction would have to certify that they were satisfied that the person selling or mortgaging the property is the true owner.

This is helpful particularly for Landlords or others leaving their property empty for any period of time.

 

Important Note:

The above information is for general guidance and in part may form the opinion of the author. It is based on the law as at the date of this article.  It should not be relied upon in part or in whole as a substitute for independent legal advice.

If you are considering whether you should place a restriction against an empty property then please contact the writer, Adam Corcoran, who will be pleased to advise you in light of your personal circumstances. We cannot accept any liability to third parties for the incorrect interpretation or application of the information contained in this article.