If you have recently bought or remortgaged a property please be aware that due to a backlog at the Land Registry, it is taking much longer than usual for the official registration documents to come through.
There is an even longer delay in getting the registration documents if you have purchased a new-build property or if we have applied for the first registration of your property.
Once we have completed the property purchase for our clients we send all the paperwork to the Land Registry, which registers the ownership of land in England and Wales.
The Registry updates its database and maps the property onto its central system. During this process checks are made to ensure that all names and addresses and details of the property are correct.
As a result of the pandemic, combined with a significant increase in work caused by the Stamp Duty Land Tax“holidays” of 2021, the Land Registry now has a huge backlog and we have been told that processing times are currently as follows:
For simple updates to the register (most electronic applications) – between 2 and five months.
Complex changes (first registrations/transfers of part/new leases) – between 12 and 18 months.
It is possible to speed this process up, but we can only request this if it is either “impacting another application” or “causing hardship from it not being registered”.
In most cases this is only where the property is being sold or re-mortgaged. In all instances, we need to submit evidence of this to the Land Registry, so that it can make a decision as to whether or not the reason is valid.
If you are suffering hardship or need to complete another application following your purchase/first registration etc, then please do contact us and we can advise you whether or not you have a valid reason.
Please do note that we keep a daily eye on the Land Registry applications and as soon as your registration is delivered to us, we will forward it to you.
You can also find further information from the government website by clicking here.