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LandReg searches, e-mail alerts when occurs@ chosen property [free]

Covering Market, Trends, and Practical (but see LEMON-AID for Building & DIY)
DiamondEcho
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LandReg searches, e-mail alerts when occurs@ chosen property [free]

#139378

Postby DiamondEcho » May 16th, 2018, 3:17 pm

This might be a new service. You can register with the LandReg to receive e-mail alerts when searches are carried out on addresses you have selected. These can be your home, any B2Ls, relatives homes, others. The aim is to help counter-act the likes of fraudsters or tenants selling a property they do not own. Given the articles I've read over recent years of fraudsters selling or mortgaging property they don't own registering seems like a wise idea.
https://propertyalert.landregistry.gov.uk/
I've just registered and it was simplicity itself.

TahiPanasDua
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Re: LandReg searches, e-mail alerts when occurs@ chosen property [free]

#139526

Postby TahiPanasDua » May 17th, 2018, 10:25 am

Very useful DE! Unfortunately, we fried mars bar eaters are not covered. Does anyone know if Scotland has a similar service?

TP2.

monabri
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Re: LandReg searches, e-mail alerts when occurs@ chosen property [free]

#144990

Postby monabri » June 11th, 2018, 5:09 pm

I saw this and registered. Speaking with a solicitor, she mentioned that the alarm might be triggered on the day when contracts are exchanged and by the time you've got the email and acted, the deal is done, so to speak.

You can monitor up to 10 properties.

DiamondEcho
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Re: LandReg searches, e-mail alerts when occurs@ chosen property [free]

#145024

Postby DiamondEcho » June 11th, 2018, 8:03 pm

monabri wrote:... Speaking with a solicitor, she mentioned that the alarm might be triggered on the day when contracts are exchanged.

My bold.
I can see this applying if the exchange>completion is very fast, I've heard of cases when both happen simultaneously at one time ('within the hour'). But my understanding is that's the realm of the sharp end of property investors/dealers. I think the typical property transaction is still spread out over at least a few weeks.
- That said a professional buyer could complete without carrying out any searches. After all some such purchase property 'un-seen', presumably perceiving no possible issues worse than the purchase price already reflects.
I suspect it's the mass-market, those buying with mortgages, having surveys/valuations etc that are triggering search activity at the LR.

JMN2
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Re: LandReg searches, e-mail alerts when occurs@ chosen property [free]

#146111

Postby JMN2 » June 16th, 2018, 3:33 pm

I registered my house a year ago when I bought it. I've had one red flag notification since then emailed to me - seems to me it was related to my solicitor paying the stamp duty on my behalf.


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