Airdrie – Coatbridge – Motherwell – Bellshill – Hamilton – Wishaw
Hamilton Ross
Solicitors and notaries
Serving Clients in Lanarkshire for over 15 Years.

Property And Conveyancing Update

As part of the goal to complete the land register, the General Register of Sasines closed to standard securities on 1 April 2016. This change affects people in Scotland with titles held on the sasine register who take out borrowing with a new lender.

New securities must be added to the land register, triggering a first registration.
The voluntary registration fee for moving the title from sasines to the land register has been waived, but as a result of the change you may incur some additional costs.
The standard security fee for moving the title from sasines to the land register will remain at £60.
Applicants may have to submit an acceptable plan of the property as part of their registration.

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