Two flats, One set of Property Deeds

[newlandlord1]

Does anybody know how easy it is to split the title deeds to a property??
The scenario is that I am looking at a property that has been converted into two seperate flats (one upper, one lower) but there is only one set of title deeds for the two flats (so you are unable to sell them indervidually).

Any help or views would be greatly appreciated thank you.

[Ericthelobster]

I'm in a similar situation in that I own two houses created from one original house, and currently they are on the same deeds. When I asked my solicitor about regularising this, I was advised that it would take some work to do, but not to worry about doing it until/unless I want to sell or remortgage, in which case the necessary work would all be done at the same time (I think there would be some overlap between the tasks).

So in answer to your question "how easy is it" - well, basically yes it can be done, but it will need a solicitor to do it for sure, and it's very easy to instruct a solicitor! The question to ask is "what will it cost" - I don't know, I never got a quote, but no doubt your solicitor can oblige.

[newlandlord1]

Thanks for the reply. That is a great help, I will get in touch with a solicitor to see the cost for doing this. It is mainly because i know if i sold them as a pair then i wouldnt get the value i would get if selling seperate.

Not sure why the deeds would not be seperated at the same time the property was split into two dwellings though....

[Ericthelobster]

Not sure why the deeds would not be seperated at the same time the property was split into two dwellings though....Well in my case, I bought the original (single) property, did the necessary building work and informed the necessary authorities, none of which involved a solicitor at all; as I was intending to let both properties rather than sell them, and had already spent plenty of dosh on the project there seemed little point in engaging a solicitor especially for dividing the deeds - that cost can come out of the proceeds when I eventually do sell! (and as I said before, anyway it will be cheaper if it's done while the solictor is busy handling the conveyancing at the same time).

As an aside - on another thread there is a discussion about tenants verifying their landlord's ownership of a property by checking www.landreg.co.uk... Hate to think what my tenant would come up with if she tried that! (she'd probably find her home didn't officially exist or something!!)