We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Charges against property
claire0781
Posts: 4 Newbie
Hello
I am hoping someone can help....
I have just had a look at the Land Registry against my flat that I jointly own with my sister.
It is showing up that there are charges against it. I have not had any CCJ's so I can only guess that these are my sisters or on there incorrectly.
How can i find out who they belong to and why they are on there?
I was hoping to sell the flat, but there is not any equity in it, so no chance of paying these off. Am I liable for the debt if it is not mine and what on earth do I do???
Surely as a joint owner, i should have been informed of any such charges against what is my home?
a very worried and confused person x
I am hoping someone can help....
I have just had a look at the Land Registry against my flat that I jointly own with my sister.
It is showing up that there are charges against it. I have not had any CCJ's so I can only guess that these are my sisters or on there incorrectly.
How can i find out who they belong to and why they are on there?
I was hoping to sell the flat, but there is not any equity in it, so no chance of paying these off. Am I liable for the debt if it is not mine and what on earth do I do???
Surely as a joint owner, i should have been informed of any such charges against what is my home?
a very worried and confused person x
0
Comments
-
The Land Registry write to all the owners of a property if a charging order is awarded against them. AFAIK you can't charge a jointly owned property if the debt is in a single name.
Who are the creditors?I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0 -
What charges are they?
Do you have details of the lender who has made the charge?What matters most is how well you walk through the fire0 -
You don,t have a mortgage on the property do you ?0
-
claire0781 wrote: ».....I was hoping to sell the flat, but there is not any equity in it,...
Well that's one charge.0 -
Thank you for your quick responses.
I have a mortgage on it - so my guess is that is the charge from the lovely people at Santander and I also have the following:
(30.01.2008) REGISTERED CHARGE dated 16th January 2008
(08.02.2008) Proprietor: SANTANDER UK blah blah blah (the mortgage so was expecting to see this one!)
(03.04.2008) Charge dated 26 march 2008 in favour of Welcome Financial Services Limited
There is also a restriction on the Title Absolute with an interim charging order against my sister (there is more info i.e court dates and addresses etc but did not want to bore you guys!)
Its the other two charges and the thing against the title absolute that concerns me....0 -
Sounds like you need to have a chat with your sister to me!
A charge can be put on a jointly owned property but only on the share that belongs to the debtor.What matters most is how well you walk through the fire0 -
I would guess that your sister has taken out a secured loan with Welcome FS and not told you. You would be unable to sell the property without paying off this loan, or remortgage without first obtaining the lender's agreement to postpone the second charge.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
-
I think it will be more than just a chat!!
Lets just she moved out weeks after buying the place and left me with the mortgage in the first place and now this.......
argghhhh!!
any ideas on how i find out about the other two charges though??0 -
Details of the charging orders will be held by the court(s) as named. The Land Registry is unlikely to have any further information and you should either contact the court, the person(s)/company named or your sister.
As kingstreet correctly states a notice is likley to have been issued when these entries were made but it is important to note that they would only be issued to the address as stated on the register itself, namely that shown in the Proprietorship register.“Official Company Representative
I am the official company representative of Land Registry. MSE has given permission for me to post in response to queries about the company, so that I can help solve issues. You can see my name on the companies with permission to post list. I am not allowed to tout for business at all. If you believe I am please report it to forumteam@moneysavingexpert.com This does NOT imply any form of approval of my company or its products by MSE"0 -
claire0781 wrote: »Thank you for your quick responses.
I have a mortgage on it - so my guess is that is the charge from the lovely people at Santander and I also have the following:
(30.01.2008) REGISTERED CHARGE dated 16th January 2008
(08.02.2008) Proprietor: SANTANDER UK blah blah blah (the mortgage so was expecting to see this one!)
(03.04.2008) Charge dated 26 march 2008 in favour of Welcome Financial Services Limited
There is also a restriction on the Title Absolute with an interim charging order against my sister (there is more info i.e court dates and addresses etc but did not want to bore you guys!)
Its the other two charges and the thing against the title absolute that concerns me....
The first two are actually one charge - your mortgage. The third and the restriction sound as if they might both relate to a debt your sister has with Welcome Finance and they have put a charging Order on the property because she is not paying.
This will be against her share of any proceeds. If there are none, they will not be able to enforce their security.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.3K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.9K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards