{"id":25338,"date":"2023-10-12T09:35:01","date_gmt":"2023-10-12T08:35:01","guid":{"rendered":"https:\/\/smh.group\/?p=25338"},"modified":"2023-10-12T09:35:01","modified_gmt":"2023-10-12T08:35:01","slug":"free-property-alerts-for-landlords","status":"publish","type":"post","link":"https:\/\/devstagesite.co.uk\/smhgroup\/free-property-alerts-for-landlords\/","title":{"rendered":"Free property alerts for landlords"},"content":{"rendered":"<p><strong>Landlords in England and Wales might not be aware, but there is a free property alert service that monitors any significant activity on let property.<\/strong><\/p>\n<p>There is greater risk of a property being fraudulently sold or mortgaged if the landlord lives overseas, the property is empty or if there is no mortgage.<\/p>\n<p>Signing up for a property alert will not automatically block any changes to the property register, but it will act as a warning when something changes, such as a new mortgage being taken out against the property.<\/p>\n<p>Although property fraud is rare, HM Land Registry has prevented more than \u00a3100 million of fraud over the past five years.<\/p>\n<h2><strong>Set-up process<\/strong><\/h2>\n<p>An important first point is that a property can only be monitored if it is already registered with HM Land Registry, which may not be the case if acquired prior to 1990 and not mortgaged since then. A search of English and Welsh property can be made <a href=\"https:\/\/www.gov.uk\/search-property-information-land-registry\"><strong>here<\/strong><\/a>.<\/p>\n<p><strong>For registered property, it is simply a matter of:<\/strong><\/p>\n<ul>\n<li>Creating a property alert account; and<\/li>\n<li>Adding the properties to be monitored.<\/li>\n<\/ul>\n<p>Up to ten properties can be monitored. However, you don\u2019t need to own a property to monitor it, so it is easy enough to enlist family members to get around this restriction.<\/p>\n<h2><strong>Unregistered properties<\/strong><\/h2>\n<p>There is also more risk if a property is not registered, so it is recommended that an application be made to have such property registered. Although registration can be done by a landlord, many may prefer to use the services of a solicitor or conveyancer.<\/p>\n<h2><strong>Restriction on title<\/strong><\/h2>\n<p>Going a step further, putting a restriction on a property\u2019s title will prevent a sale or mortgage being registered unless certified by a solicitor or conveyancer. The request itself is free for landlords, although a fee will likely be payable should a certificate be required.<\/p>\n<p>The starting point for setting up a property alert, along with some guidance, can be found <strong><a href=\"https:\/\/www.gov.uk\/guidance\/property-alert#already-registered\" target=\"_blank\" rel=\"noopener\">here<\/a><\/strong>.<\/p>\n<p>The team at <a href=\"https:\/\/devstagesite.co.uk\/smhgroup\/residential-mortgages\/\"><span style=\"text-decoration: underline;\"><strong>SMH Residential Mortgages<\/strong><\/span><\/a> can advise, contact them on <strong>0114 266 4432<\/strong> or <a href=\"mailto:info@smh.group\"><span style=\"text-decoration: underline;\"><strong>info@smh.group<\/strong><\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Landlords in England and Wales might not be aware, but there is a free property alert service that monitors any significant activity on let property.<\/p>\n","protected":false},"author":4,"featured_media":24726,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[3,175],"tags":[1055,70,1058,1052,1054,1053,1057,302,1056],"class_list":["post-25338","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-smh-accounting-business-advisory","category-residential-mortgages","tag-hm-land-registry","tag-landlords","tag-mortgage-alerts","tag-property-alerts","tag-property-fraud","tag-property-monitoring","tag-property-registration","tag-residential-mortgages","tag-unregistered-properties"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - 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