Tuesday, May 23, 2006

Claiming Free Properties - It's a Myth

I regret to have to tell you that the concept of the ownerless property does not exist in the UK. There are a number of spam emails going around at the moment and at least two websites that tell you otherwise. Sign up, pay a fee, and they promise to tell you the secret of how you can claim ownerless empty properties up and down the country. Nice idea but I’m afraid it’s a scam. Since 1066 the UK has operated a system called Bona Vacantia. Properties of people who die without a will and without any apparent heirs are transferred to the crown where they are disposed of usually through estate agents or auction houses.

2 comments:

  1. But that's not really the case is it? There is also the legal concept of 'adverse possession'. That's what the 'claim land for free' stuff is all about - basically squatting on the land/property for 12 years and then claim possessory title by adverse possession. It can technically work if the property is not registered, although its a flippin long wait for your 'free property'.

    Builders have done it for years, of course...

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  2. Good point, and worth a look at adverse possession. See today's post

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