Split Title For Free

The Land Registry advise that processing times for updating the register (adding a mortgage or changing ownership) take about 4 to 6 weeks, and creating a new register (transfer of part or new lease) take about 6 to 9 months.

Splitting title deeds is a great way to make the most of your property assets and increase your portfolio. Title splits come in many different forms, but the most common is to buy a single property or plot and then divide it up.

The title deeds can still be split even if there's a mortgage. However, you'll have to pay additional charges to the mortgage lender once the transfer has been completed.

A real estate deed contains a legal description of the land conveyed. That land can be split into two separate parcels and then conveyed as two deeds. The process of splitting a deed into two deeds does take time and money.

In order to split a freehold title, an application needs to be filed to the Land Registry explaining why you wish to split the title. There is no guarantee that your application will be successful as the Land Registry will only split the title if they deem it to be necessary.

You can file a special type of lawsuit called a partition action. In a partition action, a court will either divide the property "in kind," which means it will divide the property physically among the owners and or it will order that the property be sold and the proceeds distributed between the owners.

The Land Registry advise that processing times for updating the register (adding a mortgage or changing ownership) take about 4 to 6 weeks, and creating a new register (transfer of part or new lease) take about 6 to 9 months.