Perfecting security over land and registering security at HM Land Registry
Perfecting security over land and registering security at HM Land Registry

The following Banking & Finance practice note provides comprehensive and up to date legal information covering:

  • Perfecting security over land and registering security at HM Land Registry
  • Scope of this note
  • Security over land—overview of perfection/registration requirements
  • The difference between perfection and priority
  • Creating security over land—a quick recap
  • Registration at Companies House
  • Registration at HM Land Registry—registered land
  • How to register a legal charge at HM Land Registry
  • Restrictions
  • Obligation to make further advances
  • More...

Coronavirus (COVID-19): Transaction planning will need to take into account the impact of coronavirus (COVID-19) on execution of documents and company filing and administration procedures. For further information, see Practice Notes:

  1. Coronavirus (COVID-19)—implications for lending transactions—Coronavirus (COVID-19)—impact on deal execution?

  1. Coronavirus (COVID-19)—implications for property—HM Land Registry—impact of coronavirus

It is advisable to check the status of operational status of all registries mentioned below, and, where possible to use online filing services.

In addition, the content of this Practice Note is affected by the Companies etc (Filing Requirements) (Temporary Modifications) Regulations 2020, SI 2020/645 (the Regulations), temporarily extend some deadlines for filing documents or notices with Companies House. In so far as it may affect the content below, the Regulations extend the period for filing charges under section 859A of Companies Act 2006 (CA 2006) from 21 days to 31 days beginning with the day after the date of creation of the charge—Companies House guidance issued on 1 July 2020 states that this applies to charges created on or after 6 June 2020. The temporary extension does not apply to periods for registration extended by an order of the court under CA 2006, s 859F. The Regulations came into force on 27 June 2020 and expire on 5 April 2021.

Scope of this note

Once security is validly created it is binding as between the security provider and the

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