i found this online, but i dont know if it's correct though
Yes, if you stick to the following procedure:
Transport the vehicle to a safe place, on private land.
Inform the police that you have done so, giving your name, address and phone number, the registration number and V.I.N. of the vehicle, and the current location of the vehicle.
Contact the D.V.L.A. with the same information.
(The police and the D.V.L.A. will then attempt to find the registered keeper).
If the registered keeper cannot be traced after 30 days, you can legally apply for a V5 in your own name.
Source(s):
Been there, done it.