Hi, I'm trying to prove there is no mortgage on a freehold apartment in London, UK. I've located the title register, but, not knowing how the system works in London (I do mortgages in New York, NY), the information I'm seeing is inconclusive. I have the property address & owner's name.
it appears the building may be owned by a limited company and there are multiple flats. I cannot find the apartment owner's specific flat "titled" in his name.
i'm not sure how to answer that since i'm not familiar with how ownership works or even the correct terminology to use.
the owner told me he owned the apartment freehold, that the freehold owned the building, so I'm gathering he owns a "share" of the building, not the entire building. And he is one of the directors of the company that
I'm trying to confirm the individual does not have a mortgage on the apartment or "share" that he owns. Will the register show individual mortgages if they are present?
I have the title number - NGL24183
Registered Owner(s) : SOUTHWELL GARDENS (CONVERSIONS) COMPANY LIMITED (Co. Regn. No.(NNN) NNN-NNNN care of Farley & Co, 44-48 Old Brompton Road, South Kensington, London. SW7 3DY.
I've confirmed via a different means that the indvidual (Richard XXXXX XXXXX Boseley) is a director of this company.
the property address - 3 Southwell Gardens, London, SW7 4SB
the apartment # (per the council tax form) is: flat ground floor
perfect. thank you!
the fact that he told me it was freehold sent me down the wrong fork of the road. I was able to locate the individual registered land registry title for his "flat" which IS a leasehold and confirmed there is a mortgage on title.
he claims to have paid it off and I think I read somewhere that the lender would typically file a form to remove the mortgage from the register.
no matter, your explanation got me the information I needed, so thank you very much.
If ever you visit New York, give me a ring! XXX-XXX-XXXX is my work phone.
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