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HMLR Transactional Support Forum
Fees
Checking fee
Checking fee
Posted
Wed, 08 Jan 2025 13:18:44 GMT
by
Em Lee
Hi,
I am making a postal application for adverse possession of unregistered land that forms part of my property.
The website states there is 'minimum 25% reduction' of the fee for voluntary first registrations. My property is valued at £550,000, could you please confirm the correct fee liable before I send in the application? Is it £495? That is slightly more than 25% reduction.
Many thanks
Posted
Wed, 08 Jan 2025 13:26:46 GMT
by
Adam Hookway
Hi Em Lee - the fee is payable on the current market value of the actual unregistered land, not the whole property.
Posted
Wed, 08 Jan 2025 13:34:24 GMT
by
Em Lee
I don't know how to assess that, would it be a percentage of the total area? Basically part of my property (kitchen and bedroom above), shows as unregistered. How do I calculate the value of that section of the overall property?
Posted
Wed, 08 Jan 2025 13:39:25 GMT
by
Adam Hookway
Em Lee - I would suggest speaking to a local land/estate agent to establish how they might value a property/the part of the property for example. It doesn't have to be exact as you can 'fit' the valuation into one of the band widths provided e.g. 'Between £110K and £200K'
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