Sanclare advice

Beckyp1976

Churchrat and fatbelly kindly commented the other day but I am hoping someone can help now I have added all the info I can find.

Thanks

Becky

Beckyp1976 wrote: »

Hi

I've checked through all my paperwork relating to this and have already sent this letter to Sanclare. Their response was:
First Plus is in the process of sending you a statement and a copy of your loan agreement. The former will illustrate the transactions on your loan and the latter will evidence your contractural commitments and agreement to the loan.
The remaining points that you have raised should be addressed to your first mortgage holder at the time.
The contractural monthly installment for your loan is £416.47. I look forward to receiving your payment proposals shortly.

I have not contacted First Plus myself but have just checked the papers from the land registry and when the house was sold in May 2008 (I assume this was the repossession) it was sold for £125000. When we bought in 2004 it was for £135000.
I have a copy of TR1 form from the land registry which srtates that I transferred the property to my ex The transfer is not for money or anything which has a monetary value

It also says and I don't speak legal speak so unsure of what this means:

The transferee covenants with the transferor to observe and peform any obligations affecting the property referred to in the charges register which will remain binding on the Transferor after the date of this transfer and to indemnify the TRansferor from and against any future breach of such obligations

Although I remember going to a solicitor around the time of the transfer and being asked to read out a document in front of the solicitor agreeing to the transfer I can find no record of this happening. I have checked with the original solicitors my ex and I dealt with in the purchase of the property, they have the transfer agreement but it is signed by me and witnessed by a friend. I have tried to find the solicitors I went to but they have moved and internet searches have brought up nothing. Another solicitor I spoke to couldn't imagine what the document would have been that I was asked to read out.
I'm confused - I definitely went to a solicitors and someone must have instructed me to do so as I would have had no idea how to go about transferring a property.

Does anyone have a clue what I might have been doing?

Sorry I sound like I don't have a clue about all this but I have obviously been really stupid in not looking into this more thoroughly at the time. I just did what I was instructed to do and thought that was the end of it!

RAS

becky

You need some serious advice here. As a start can you ring NDl http://www.moneysavingexpert.com/loans/debt-help-plan#help

There are two factors and we are not qualified to help you

1. Are you still laible for the debt?

2. Is the debt secured or unsecured? Now that the repro has happened, i think it is unsecured.

But you need NDL and a lawyer.