Split Title Notice For Free

It is possible to split or subdivide the registered title of your property, however, if it is not as a result of a sale/transfer, it would be at the Registrar's discretion, and you would have to disclose your reasons for the request.

A split closing happens when a buyer and seller each use their own separate agency to close their side of the transaction. Choosing a title agency is often based on a referral, or a relationship or preference that the buyer and/or seller has from a previous service or transaction.

The cost to split title deeds includes conveyancing work completed by a solicitor. You can expect to pay between £100 ? £500 for this. The price to split title deeds also includes further fees.

One must pay a minimum Land Registry fee of £40 regardless of whether or not you fill and submit the forms yourself. The cost may be more than £40 depending on the exact situation. For people who are into joint ownership of more than one property, the Land Registry fee is £150.

If you wish to lodge an application: You must apply on form AP1, notifying us that a transfer is not required. You must explain in a covering letter the reason why sub-division is required. If the land is subject to a mortgage, consent to the subdivision of title must be obtained from the lender.

Title splits are, as the name would suggest, splitting (or dividing) the title deeds of one building. As a result, that one property becomes two, three or four etc. It's a smart property investment strategy ? one which considerably increases the yield of that particular property.

Answer: The process to split a piece of land into smaller pieces is known as "subdivision." The subdivision process starts with the Regional Planning Department (DRP) where a tentative map must be filed first. After the tentative map is approved, a final map must be processed and recorded through Public Works.