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Property Notepad - January 2010

 

1. DISCHARGE OF MORTGAGES: ‘END' TO END

With effect from 3 January 2010 lenders will no longer be able to discharge registered charges using the Land Registry's electronic notification of discharge (END) system. However, the Land Registry advises that any ENDS transmitted before that date will be held on the system pending receipt of the paper applications.

This is part of the Land Registry's switch from the Land Registry Direct service to the newer Land Registry portal, which is intended to provide a single point of entry to all electronic services. Using the new portal system, lenders will be able to discharge mortgages using an ‘e-DS1' (electronic notice of discharge of a registered charge).

The new e-DS1 will be a single application for a discharge, not requiring the conveyancer to submit a separate paper application in addition, unlike the current END system.

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