HM Land Registry practice guide updates: August 2022 (PG30, PG36a, PG76, PG78, PG80)
Approval of mortgage documentation (PG30)
Page summary:
How to apply for approval of standard forms of legal charge and related deeds used by lending institutions (practice guide 30).
Change made:
Section 4 has been amended to emphasise the potential effect of a breach of the undertaking on form ACD to inform us when a change is made to an approved form of charge or mortgage conditions.
Dispositions executed by Law of Property Act receivers (PG36a)
Page summary:
How to deal with dispositions executed on behalf of the borrower by a receiver appointed under the provisions of the Law of Property Act 1925 (practice guide 36A).
Change made:
Section 5 has been amended to clarify how a transfer should be executed by a receiver for a company borrower.
Page summary:
HM Land Registry’s guidance on charging orders (practice guide 76).
Change made:
Section 7 has been added to include existing practice on cancelling or removing a charging order restriction.
Page summary:
Guidance for conveyancers on overseas entities (practice guide 78).
Change made:
Section 3.3.1 has been added to explain how the Economic Crime (Transparency and Enforcement) Act 2022 affects deeds of variation. Sections 4.1, 4.8 and 5.3.6 have been amended to include guidance on UK Societas and UK Economic Interest Groupings.
Coronavirus (COVID-19): useful information for conveyancers (PG80)
Page summary:
Information about pre-existing and new practice of particular relevance in the current circumstances (practice guide 80).
Change made:
Sections 1.2 Prescribed application forms and 2.8 Signing certificates and consents required by restrictions have been deleted as a result of amendments to our practice guides 19 and 82 published on 15 August 2022.
