While on longer relevant to the question put (!) I think I should mention that that article is a little confused - partly I suspect to make it easier to understand for the layman.
It does say that you don't own a property until it is registered. But it later says:
"Part of this process includes the completion date, which is when the remaining funds are transferred and legal ownership changes hands. The physical exchange of keys symbolises more than just opening doors - it marks the official transfer of possession and control from the seller to the buyer.
However, to make this transfer rock-solid, the buyer’s solicitor should register the transfer of legal ownership with the Land Registry, which includes submitting all of the necessary documents."
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