Tatiana Akhmedova, the former wife of Farkhad Akhmedov, a Russian billionaire, has secured the sale of a £4.5 million helicopter owned by her husband. The sum is the first recovered by Ms Akhmedova in partial settlement of an award of over £450 million made by the High Court in financial remedy proceedings arising from the…
Compulsory first registration now applies to all transactions in land, whether or not they are for value. We have found that pre-empting a compulsory registration by applying in advance on a voluntary basis can be beneficial, since there are no time constraints – and a more measured approach, particularly to large blocks of land, can achieve a better result.
Moreover, there are a variety of other good reasons to voluntarily register land now, notably that any attempt to register squatters’ rights will be formally notified to the estate owner by the Land Registry, which will allow an objection to be lodged.
We have substantial experience of registering the full range of land holdings from small cottages registered to facilitate a sale to large estates in multiple ownerships.