The PPS Register is a national online register that can help to protect consumers when they are buying personal property (not land), particularly valuable second hand goods.
Using the PPS Register will require consumers to learn about some new concepts that apply to secured lending. Personal property is an example of a new concept that is central to the reform.
Personal property refers to most property except land. More information is available on the consumer protection page.
For example, when consumers are using second hand goods or new goods as security for a loan, the goods are referred to as ‘personal property securities’.
Searching the PPS Register is voluntary. However it makes good sense for a consumer to search the PPS Register before buying personal property in certain circumstances; for example, when you are buying a car, it is important to check whether a finance company or bank has an interest in the car, which would allow them to take it if the seller failed to make repayments on a loan. For information about how to search the Register go to the searching page.
To search the PPS Register you will need to pay a fee. For information go to the fees page
To find out the latest news about what is happening with the PPS system, subscribe to PPS News.