Tenancy Status / Land Registry

How to tell if Property is owned as Tenants in Common

Wills FAQ Book

Nowadays more and more people are changing their home ownership from Joint Tenants to Tenants in Common in order to take advantage of Estate Planning Strategies that can help to protect their children's inheritance in the future.

One of the questions I am asked the most is "How to tell if a home / house is owned as Tenants in Common".

Wills and Unregistered UK Property

 Property Ownership Land Registry

Registered and Unregistered Property

HM Land Registry originally came to be in 1862 but it wasn't until the Land Registration Act came into force in 1997 that it became compulsory to register property in the UK. From this point on each time a property is purchased a Solicitor or Conveyancer is required to file documents with the Land Registry so the property ownership can be entered onto a public register.

Joint Property Ownership

 Property Ownership Land Registry

When two people purchase Property or Land in England & Wales, there are two ways in which it can be owned and registered with HM Land Registry these are as either Beneficial Joint tenants or Tenants In Common.

Severing A Joint Tenancy

 Deed of Severance

When you buy a property whether paying cash outright or with the help of a mortgage, the process of conveyancing takes place to convey the property into your ownership and register this with the Land Registry.

The Land Registry is the government department created in 1862 to register the ownership of land and property in England and Wales.

Types of Property Ownership

The three types of ownership that are commonly registered with the land registry are:-

Tenants In Common Versus Joint Tenants

 Tenants In Common Versus Joint Tenants

Choose Your Tenancy Status Carefully

House
During the course of a normal working week, I often find myself explaining the difference between Joint Tenants and Tenants in Common, to customers looking to make a Will. Below I will outline the key differences and how this can affect your Will.

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