Thursday, 6 October 2016

Land Registry search

Since the freehold of the land was sold I have been waiting for Land Registry to catch up. All land tranfers will appear on the Land Registry portal eventually.

I blogged on this last month

and before that here

Now it seems that the site registry has completed. It throws up some interesting facts.

This is the area subject to the transfer

Price stated £3M which is at variance to the TDC press announcement of £3.515M, I wonder why?

The land cannot be sold or mortgaged without the written permission of Mintal Group Inc which as we know is Colin Hill and his son Robbie.

"(04.08.2016) Option to purchase in favour of Thanet District Council contained in a Option Agreement dated 20 July 2016 made between (1) SPF Ventures (UK) Limited (2) Thanet District Council and (3) Cardy Construction Limited upon the terms therein mentioned"

The above appears on the charges register however it is unclear why Cardy Construction are involved at the deal was made between Cardy Ramsgate Ltd not Cardy Construction. Has TDC's lawyers made a mistake?

Ian Driver blogged on this recently However I'm not sure if he is aware of the Land Registry documents. Neither am I aware whether he knows about the former roundabout which seems to have been removed from the Registry. "The Freehold land shown edged with red on the plan of the above title
filed at the Registry and being Land lying to the south of Wellington Crescent, Ramsgate.
NOTE: So much of the land tinted pink on the title plan as consists of highway maintainable at public expense is excluded from the registration.
So who owns this land?

Interesting that Mike Stannard's Cardy Construction has been granted outline planning on the site of the former Brooke Marine now owned by Flight Services SA which is another Colin Hill company.
The story of how Hill acquired the land is blogged here