Land Registry guidance on vendors’ liens
The Land Registry recently updated Practice Guide 19 (Notices, restrictions and protection of third-party interests) to clarify its practice on how an unpaid vendor’s lien might be protected after the disposition to which the lien relates has been registered.
According to Halsburys Laws: “A vendor of land has an equitable lien on the land sold for the whole or part of the purchase-money until actual payment, even where the purchase-money is expressed to have been paid and received in the conveyance, when, in fact, it remains wholly or partly unpaid.” Wherever a contract is completed on payment of only part of […]