The
Land Registry is a government body which holds
literally
millions of records on the ownership of land and
buildings
throughout the U.K. According to the Land
Registry,
there are in excess of 8 million plots of land or
property
which are not currently registered to anyone.
This
report is to show you how you can lay claim to one,
or
more of them.
FINDING
A PLOT
Potential
sites are everywhere. It's up to you to check
them
out. Here are just a handful of possibilities. In most
villages
ot towns you find areas of waste ground, not
built
on for some reason. Why do you think that is? More
often
than not, its because the land is not owned by the
people
who developed adjacent sites. These sites often
have
no registered owner.
It's
hard to visit the countryside without discovering a
number
of derelict properties. Do you think that if
registered
ownership existed, they would allow valuable
property
to fall into such disrepair? Look into it. You
may
well find that there is no registered owner.
Any
property or site which appears undeveloped for no
good
reason, or neglected, is a potential target.
Carrying
out your own investigation, could pay off in a
very
big way. The steps you need to undertake are
relatively
simple.
WHAT
TO DO NEXT
Once
you have found a prospect site, the next stage is
to
establish with the Land Registry, whether it is
registered.
The registry have a specific form which you
can
fill out to establish this. This is Land Registry Form
96.
You can obtain the form from your nearest Land
Registry
office. These offices are listed in the telephone
book.
Bear in mind that there is no need to attend the
Land
Registry office in person. Everything can be done
by
post.
After
completing the form, you simply return it to the
land
registry, together with a fee of œ7. Within 3 weeks,
you
should have received your reply, one way or
another.
HOW
TO LAY YOUR CLAIM
There
are several options. You can put a fence around
it.
Depending on the size, a less expensive option may
be
to put a small shed on the plot. Keep a few tools in
it
which can be used to keep the plot neat and tidy.
Its
worth bearing in mind that pkanning permission may
be
needed for a fence, so shed may be easier all
round.
OBTAINING
OWNERSHIP
At
this stage, you don't yet own the land, but you do
have
possession. The task now is to maintain the site.
The
last thing you want is for it to look like a piece of
waste
ground. The more respectable it looks, the
better
your chances of eventually securing ownership.
Once
the site is in your possession, you would be well
advised
to take steps to ensure that you are not beaten
to
registration. This can be done via something called a
'Caution
Against First Registration'. This must be
arranged
through the Land Registry, and you would be
well
advised to secure the assistance of a solicitor.
This
process enables you to prove when you claimed
the
plot, and ward off spurious claims from others. After
you
have used the plot for 12 years, you can have the
plot
registered in your name. Once again, you would be
well
advised to use a solicitor.
IN
CONCLUSION
Obtaining
Free land and property is not a 'Get Rich Quick'
activity.
It's a long term project which could mature into a
massive
nest egg in the longer term.
The
search for property and plots can be very enjoyable,
and
the research procedures are very simple. Ongoing
maintenance
of sites need not be time consuming or
expensive.
And you can lay claim to as many sites as
you
like.
There's
nothing to lose by giving it a try, and a possible
fortune
to gain. For further information on this subject,
contact
your local Land Registry office. You will find
them
listed in your telephone book. In addition,
Carnell
Plc publish a very informative book on the
subject.
Full details can be obtained from:
Carnell
Plc., Airesford, Colchester, Essex. CO7 8AP
No comments:
Post a Comment