Q: I run a small business and I have recently attended a seminar on pension auto-enrolment that was organised by my accountant. One of the speakers emphasised the importance of taking legal as well as financial advice, and I am unclear as to what employment law issues could arise as a consequence of auto-enrolment.
Members of one of the area's largest family law teams have criticised the views of the Marriage Foundation who yesterday claimed there is no need to make pre and post-nuptial agreements binding.
No pressing need for registry to extend powers and take over local land charge service, Society says.
Judge rules response was too late and offensive.
SRA says action had to be taken to maintain ‘total confidence’ in legal profession.
Title to less than three quarters of land in England and Wales is currently registered at the Land Registry. This is because until the 1900’s there was no compulsory requirement to register, and at that time, registration was only compulsory when land was sold or mortgaged. More recently, the requirement to register has been triggered on completion of certain leases, the transfer of property by gift or on death and on changes of trusteeship where property is the subject of a trust.
Now, however, the Government is encouraging more and more people to make voluntary applications to register their titles. The Land Registry is currently offering a discount of approximately 25% on the fees which would otherwise be payable on first registration.
Whilst an unregistered title remains perfectly acceptable where none of the compulsory triggers apply, there are advantages in having your title registered:
1. The Land Registry fee for voluntary registration is less than payable for compulsory registration.
2. Once the title has been perfected by registration, then loss or destruction of the pre-registration deeds will not affect the adequacy of your title.
3. The title to your property is guaranteed by the state.
4. On a subsequent sale, the process is quicker and simpler.
5. Registered titles are better protected against squatters than unregistered titles.
Whilst there is a cost in registering a property with the Land Registry, the fee is less for voluntary registration. Finding out whether a property has been registered is, of itself, a relatively easy process. However, undertaking an application for first registration is a process which many often prefer a solicitor to attend to on their behalf.