Hello Crispin - it should be but we won;t know until it's lodged and considered. Form AP1 is the correct form if you are looking to remove it from an already registered title. £40 is the correct fee and it's a postal only application
Cheques/postal orders should be made payable to HM Land Registry. We do not currently accept card payments for applications.
Please send the completed application to:
HM Land Registry,
Citizen Centre,
PO Box 74,
Gloucester,
GL14 9BB