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Form K18 Bankruptcy Land Charges Search
BDMR
Posts: 44 Forumite
Hello
Does anybody know what effect a Bankruptcy entry has when it shows up on a K18 Land Charges Search Certificate?
How will this affect my mortgage application?
My application was all underway and now this has shown up, will I be refused?
I have never had a mortgage before?
Does anybody know what effect a Bankruptcy entry has when it shows up on a K18 Land Charges Search Certificate?
How will this affect my mortgage application?
My application was all underway and now this has shown up, will I be refused?
I have never had a mortgage before?
0
Comments
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are you bankrupt?Hi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.0 -
Yes just over 2 years ago0
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Then it will show up on this search, I presume the bankruptcy question was on your mortgage applicationHi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.0 -
They never asked on the application
Does this mean I will be refused now?0 -
Is it a high street lender, or are you using a broker, it is the lenders decision, I can't tell you with so few detailsHi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.0 -
Yes via a broker. Everything has been approved, credit checks etc and an offer made, it is at the last stage but the land registry search has just returned an entry on form k18 what will this mean?0
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It means the solicitor, will tell the lender you were bankrupt and ask for permission to continueHi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.0 -
So does the solicitor ask permission from the broker to go ahead?0
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you really need to be having this discussuin with the solicitor and broker, if anyone is unhappy it wont go ahead, all parties must be in agreementHi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.0 -
Surely the BR would have shown up on the credit search?0
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