checking bad debts against a prospective house

calsmith

We are in the process of buying a new property and want to check that there are no outstanding credit problems/ccj's against the property. We have visited several websites and just keep going around in circles - all we want to know is anybody any suggestions where we can get this info?

marliepanda

A house can't be in debt or have a CCJ. These are held against people.

Whether or not these people used to live at the property is a different story.

Bufger

marliepanda wrote: »

A house can't be in debt or have a CCJ. These are held against people.

Whether or not these people used to live at the property is a different story.

I think the OP wants to know if they can find out if there are any outstanding secured loans against the property.

Sorry I dont know of anywhere you can check this but i'd be interested to see it myself.

BitterAndTwisted

There's no such thing as outstanding credit problems/CCjs against the property. Debts are attached to people not properties and if there is a loan secured upon it, that is for the vendor to settle upon sale, and nothing to do with you.

HappyMJ

If the property has a CCJ secured on it then your purchase of the house will clear the CCJ from the land registry. It doesn't matter at all to you if there is or isn't a CCJ on the title deeds.

G_M

Theonly debts that can be registered against a property are 'Charges' (usually but not always mortgages) noted in section 3 The Charges Register of the Title held at the Land Registry.

For £4 you can download the Title here.

Debts against individuals who have lived in the property will have no bearing on the property, and will follow the individual.

inmypocketnottheirs

HappyMJ wrote: »

If the property has a CCJ secured on it then your purchase of the house will clear the CCJ from the land registry. It doesn't matter at all to you if there is or isn't a CCJ on the title deeds.

This is incorrect.

CCJs are not on the land registry. A CCJ is a County Court Judgement issued in the debtors name and does not show on title deeds.

Debt_Free_Chick

And your solicitor will check for charges on the property as part of the normal conveyancing process. That's why you pay a fee for the Land Registry check

david29dpo

HappyMJ wrote: »

If the property has a CCJ secured on it then your purchase of the house will clear the CCJ from the land registry. It doesn't matter at all to you if there is or isn't a CCJ on the title deeds.

Nonsense......

pinkteapot

Some years ago, debts were associated with addresses, not people. This may be what the OP is thinking of. This changed and non-secured debts (including things like CCJs) now follow people from house to house. At most properties I've lived in we've had letters from debt collection agencies addressed to previous occupants. I've called the companies, explained the person no longer lives there, and we've not heard from them again.

With regard to debts secured against the property, as above your solicitor will check for these.

DVardysShadow

david29dpo wrote: »

HappyMJ wrote: »

If the property has a CCJ secured on it then your purchase of the house will clear the CCJ from the land registry. It doesn't matter at all to you if there is or isn't a CCJ on the title deeds.

Nonsense......

Not nonsense. I had to think for a moment about what HMJ was getting at. This thread https://forums.moneysavingexpert.com/discussion/1839539 refers.

At some stage of not complying with a CCJ, either a charging order or a restriction can be placed on the deeds of a property. When the property is sold, the buyer's solicitor should be ensuring that these are removed.