Home in Reading unmortgageable after two-year Land Registry delay
UKPulse Property Desk
A family's four-bedroom house in Reading has become unmortgageable due to a two-year delay in registration by HM Land Registry, potentially costing them £6,105.
- A family's house in Reading, purchased in March 2024, remains unregistered by HM Land Registry after two years.
- The delay has rendered the property unmortgageable.
- The family faces a potential loss of £6,105 due to the situation.
A four-bedroom house in Reading, bought by Anthony Hockham and his family in March 2024, has been deemed unmortgageable. This situation has arisen because HM Land Registry has reportedly taken two years to register the property.
The delay in registration could leave the family £6,105 out of pocket, according to reports.