This guide deals with discharges of registered and noted charges and withdrawals of notices of deposit of land and charge certificates. It is aimed at conveyancers and you should interpret references to ‘you’ accordingly.
Section 2.9 has been updated to confirm that where a foreign company is already registered as proprietor of a registered charge we do not require evidence as to its status.
Section 2.9 has been amended to make the guidance clearer.
Section 8 has been amended to clarify when a restriction will not be automatically cancelled on a discharge of charge.
Following customer comment we have clarified our requirements for evidence of identity in section 2.1.
Section 8 has been amended. Where a charge is released as part independent of a transfer of part a note will normally be added to any restriction in favour of the charge that the restriction does not affect the part released.
Video about How to avoid Land Registry requisitions: Discharges added.
Section 3.2.2 has been amended to reflect that MR04 is now the correct Companies House form to be used for a declaration of satisfaction of a floating charge.
Sections 6.6 and 7.7 have been amended to give guidance on using the application enquiry service in Land Registry’s portal.